A significant move to ease the financial burdens on residents will take effect on April 1st. Utility companies have announced they will waive penalties for long-standing unpaid electricity and water bills, in line with a decision made by President Dr Mohamed Muizzu.
The Maldives Water and Sewerage Company (MWSC) will waive penalties on unpaid bills accrued until the end of last year. Customers will benefit whether they pay outstanding amounts in full or via an instalment plan. MWSC Managing Director Abdul Matheen Mohamed noted that approximately MVR 17 million in penalties will be waived, with outstanding bills reaching MVR 45 million.
Similarly, the Fenaka Corporation is currently implementing steps to waive outstanding fines. STELCO will specifically waive penalties for domestic customers who have unpaid bills dating back to January 1st of this year.
Companies have stated that the relief measure will be available from April 1st throughout the rest of the year.
