A movement for sustainable tourism, where by it benifit the comunities and individual and brings about positive attitude towards tourism.

Monday, May 25, 2009

$$$$ where does all of its goes?




The issue of Dollar shall be resolved, as we witness as the only country which gain 80% foreign currency (USD) in its earnings, but still the goverment and banks are unable to sustain dollar depleation. Much of the income to this industry does not enter to the local banks and nearly all goes to the Banks overseas. We could STOP this by enforcing the law of foreign investment, where all money shall come to banks and tax is levied for the leakage. Then we could sustain a healthy foreign currency exchange in Maldives.

1 comment:

  1. Legislating should be the last resort. Better if the industry self-regulates. But that's a big if.

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