In a landmark decision aimed at transforming the sports landscape of the Maldives, President Dr. Mohamed Muizzu has officially approved the establishment of the National Sports Fund. This initiative is designed to foster the growth and development of sports across the nation, enhancing the capabilities of local athletes and strengthening the overall sports community.
The creation of the National Sports Fund follows a comprehensive proposal submitted by Sports Minister Abdullah Rafiu and subsequent discussions within the Cabinet. During a Cabinet meeting held yesterday, the fund was thoroughly reviewed and unanimously supported, highlighting the government’s commitment to advancing sports as a key component of national development.
According to the President’s Office, the primary objectives of the National Sports Fund are to increase the number of Dhivehi athletes, promote diverse sports disciplines, and empower the Maldivian sports community. By providing essential financial support, resources, and infrastructure, the fund aims to create a more robust and competitive environment for athletes at both national and international levels.
To ensure the effective operation of the fund, the Cabinet has also agreed to amend the Sports Act, granting the necessary legal framework to support its activities. These amendments will facilitate smoother governance and management of the fund, ensuring transparency and accountability in the allocation and use of resources.
Currently, sports associations in the Maldives receive annual funding through the state budget, supplemented by assistance from international federations affiliated with each sport. The National Sports Fund will complement these existing financial structures by offering additional support and targeted funding to athletes and sports programs that demonstrate potential for excellence and growth.
Minister Rafiu expressed his optimism about the fund’s impact, stating,
“This fund will be instrumental in nurturing our young talents and providing them with the opportunities and resources they need to excel on both national and international stages. It is a step towards building a sustainable sports ecosystem in the Maldives.”
The establishment of the National Sports Fund underscores the government’s dedication to promoting sports as a vital aspect of societal well-being and national pride. By investing in sports, the Maldives aims to enhance its international reputation, inspire youth participation, and improve overall public health and community cohesion.
As the National Sports Fund begins its operations, it is expected to play a pivotal role in transforming the Maldives into a competitive force in various sports disciplines. This forward-thinking approach promises a brighter and more dynamic future for Maldivian athletics, driving both individual achievements and collective success.
The fund represents a significant milestone in the Maldives’ journey towards becoming a hub for athletic excellence, ensuring that talented athletes receive the support they need to reach their full potential. With the National Sports Fund, the Maldives is poised to make substantial strides in the global sports arena, fostering a legacy of excellence and resilience.
