Managing Director of Business Centre Corporation (BCC) Ibrahim Ziyau has stated that the Creative Economic Action Plan will be a promising action plan, bringing hope to the youth. The Creative Economic Action Plan and the Creative Economy Fund were inaugurated by the Minister of Economic Development and Trade Mohamed Saeed, at a special ceremony held in Dharubaaruge.
Following the launch of the action plan, the government stated that efforts will be exerted to identify the objectives related to the development of a creative economy, and ensure its implementation. The government further disclosed that the action plan was drafted such that it includes the 78 pledges outlined in the president's manifesto.
Speaking at the ceremony, Managing Director Ziyau expressed gratitude to parties which provided support in drafting the action plan, especially the ministries representing the National Creative Economy and members of the National Creative Economy. He noted that the action plan will be a promising action plan for those involved within the field, bringing hope to the youth.
The Creative Economy Fund, launched under President Dr. Mohamed Muizzu's policy of developing a creative economy, aims to provide financial assistance to innovative and skilled individuals. As such, BCC, leading the fund, announced that a financial assistance ranging from USD 3,242 - USD 19,455 to all individuals requesting for support. The funds will be provided to individuals working in four primary fields; film production, music production, the field of arts and crafts and digital content creation.