news economy / finance Maldives Impact 6.0/10 1 min read

Sovereign Development Fund records 18 percent increase in revenue

The Sovereign Development Fund (SDF) collected USD 59.86 million in the first five and a half months of 2026, an 18% increase from USD 50.32 million in the same period of 2025. Government loan repayments surged 244% to USD 557.85 million this year compared to USD 162.13 million in 2025. Nearly USD 1 billion in debt commitments were settled, including a USD 500 million sovereign sukuk issued in 2021 and a USD 400 million currency swap from President Muizzu's 2024 India visit. The data came from the Ministry of Finance and Public Enterprises' Weekly Fiscal Development Report.

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May 29, 2026

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The Sovereign Development Fund (SDF) collected USD 59.86 million in the first five and a half months of 2026, an 18% increase from USD 50.32 million in the same period of 2025. Government loan repayments surged 244% to USD 557.85 million this year compared to USD 162.13 million in 2025. Nearly USD 1 billion in debt commitments were settled, including a USD 500 million sovereign sukuk issued in 2021 and a USD 400 million currency swap from President Muizzu's 2024 India visit. The data came from the Ministry of Finance and Public Enterprises' Weekly Fiscal Development Report.

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