Economy sukuk / debt Maldives Impact 9.0/10 2 min read

President Muizzu Assures Nation: “Maldives Will Not Go Bankrupt — Sukuk Payments Fully Secured”

President Dr. Mohamed Muizzu assured that Maldives will not go bankrupt, stating that the government has arranged payments including the $500 million Sukuk due in April 2026. He highlighted the recent payment of $24.6 million in coupon dues and ongoing discussions with friendly nations to restructure debts. He also pledged to settle outstanding bills owed to private companies within three weeks. The President emphasized strong economic management and fiscal discipline.

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The Standard

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Published

Oct 13, 2025

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📋 Story Brief

President Dr. Mohamed Muizzu assured that Maldives will not go bankrupt, stating that the government has arranged payments including the $500 million Sukuk due in April 2026. He highlighted the recent payment of $24.6 million in coupon dues and ongoing discussions with friendly nations to restructure debts. He also pledged to settle outstanding bills owed to private companies within three weeks. The President emphasized strong economic management and fiscal discipline.

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Focus: President Muizzu Assures Nation: “Maldives Will Not Go Bankrupt — Sukuk Payments Fully Secured”

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18:24

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The Standard

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