The Sovereign Development Fund received MVR 886.7 million in deposits so far in 2023, above the earlier MVR 871.4 million estimate and up from MVR 738 million over the same period in 2022. A State Finance Act amendment this year gave the president authority, on the advice of the Minister of Finance, to decide the fund's sources and deployment, with management moving from the Maldives Monetary Authority to the Ministry of Finance.
One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
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The Sovereign Development Fund (SDF) has received MVR 886.7 million so far this year, surpassing the earlier estimate of MVR 871.4 million.
Word for word from the report in Maldives Republic. Open the report
The Sovereign Development Fund (SDF) has received MVR 886.7 million so far this year, surpassing the earlier estimate of MVR 871.4 million.
Word for word from the report in Maldives Republic. Open the report
According to the Ministry of Finance, MVR 738 million was deposited in the SDF over the same period last year.
Word for word from the report in Maldives Republic. Open the report
