Gasim Vows to Remove Banking Restrictions for Enhanced Financial Access

MV+ News Desk | August 28, 2023
Photo: JP

Gasim Ibrahim, the Jumhooree Party (JP) candidate for the presidency, has articulated his commitment to enhancing the efficiency and accessibility of the banking system. 

Speaking at a campaign event held in Manadhoo, Alifu Dhaalu Atoll, Gasim unveiled his plans to simplify various financial transactions within the banking framework.

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During his address, Gasim outlined his vision for a more user-friendly banking experience. He acknowledged a current challenge in which banks impose restrictions on the amount of money that individuals are permitted to withdraw. 

In response, he put forth a proposal that, if implemented during his leadership, would remove these limitations. This initiative would enable individuals to withdraw any desired amount of money in cash from their accounts, thereby affording them greater financial flexibility. 

Additionally, Gasim highlighted his intention to expand the scope for depositing funds. Under his proposed administration, individuals would enjoy the freedom to deposit larger sums of money into their accounts, without the constraints of existing limits.

In addition to his focus on financial reforms, Gasim reiterated his commitment to upholding Islamic principles and safeguarding the democratic foundation of the Maldives. As the campaign season unfolds, his pledges are likely to draw further attention and scrutiny from both supporters and opponents.

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