President Mohamed Nasheed has explained the economic reforms proposed by the government to increase sustainability and self-sufficiency of the Maldivian economy to Dharumavantha School students.

Teaching a grade 10 class of Economics students today, the President explained the features of a modern economy emphasizing the need to make the state’s revenue streams sustainable.

He clarified the benefits and importance of the changes proposed to the tax regime with the introduction of goods and services tax, business profit tax and income tax for the economy.

The video of today’s lesson will be made available for general viewing at the President’s Office website from tomorrow.