Economy
Fishing is the backbone of the economy of Noomaraa, with most fishing done by pole and line. The government-owned Maldives Industrial Fisheries Company also operates in the region. Fish sought include tuna of the “Latti” and “Raagondi” kinds. These tuna are boiled and dried in the sun, then sold to buyers in Male. Locally caught fish are also used to make rihaakuru, a traditional fish soup. During the past years, fish catch has increased rapidly.
Read more about this topic: Noomaraa (Shaviyani Atoll)
Famous quotes containing the word economy:
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—Alexander Herzen (1812–1870)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
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—Ralph Waldo Emerson (1803–1882)