Sovereign Development Fund deposits top USD 64.8 million
The Ministry of Finance and Public Enterprises reported that the Sovereign Development Fund (SDF) received USD 64.85 million in deposits from January 1 to June 4, a 10% increase from USD 60.57 million in the same period last year. The government spent USD 564.5 million on loan repayments, a 178% rise from USD 201 million in 2025. The SDF was used to repay a USD 500 million sukuk bond. The SDF, established in 2016, is distinct from MMA reserves and aims to accumulate resources for sovereign debt repayment and economic shock cushioning. Funding sources include airport development fees, MACL dividends, and airport service fees.
The Ministry of Finance and Public Enterprises reported that the Sovereign Development Fund (SDF) received USD 64.85 million in deposits from January 1 to June 4, a 10% increase from USD 60.57 million in the same period last year. The government spent USD 564.5 million on loan repayments, a 178% rise from USD 201 million in 2025. The SDF was used to repay a USD 500 million sukuk bond. The SDF, established in 2016, is distinct from MMA reserves and aims to accumulate resources for sovereign debt repayment and economic shock cushioning. Funding sources include airport development fees, MACL dividends, and airport service fees.
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The Ministry of Finance and Public Enterprises reported that the Sovereign Development Fund (SDF) received USD 64.85 million in deposits from January 1 to June 4, a 10% increase from USD 60.57 million in the same period last year. The government spent USD 564.5 million on loan repayments, a 178% rise from USD 201 million in 2025. The SDF was used to repay a USD 500 million sukuk bond. The SDF, established in 2016, is distinct from MMA reserves and aims to accumulate resources for sovereign debt repayment and economic shock cushioning. Funding sources include airport development fees, MACL dividends, and airport service fees.
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