Sovereign Development Fund deposits stood at MVR 233.2 million as of 21 March, down MVR 3.4 million from MVR 236.6 million over the same period last year, according to the Ministry of Finance's weekly fiscal report. President Mohamed Muizzu said the administration had accumulated US$35 million and was set to bank US$100 million by year-end, while the administration's first bill, the SDF Bill, was rejected by Parliament.
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.
the accumulated funds converted to Maldivian Rufiyaa on 30 December 2020 under the Solih administration.
Word for word from the report in Maldives Republic. Open the report
The current administration had already accumulated US$35 million and is set to bank US$100 million by the end of this year
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
The Sovereign Development Fund (SDF) collections declined by MVR 3.4 million compared to the same period last year, according to data released by the Ministry of Finance.
Word for word from the report in Maldives Republic. Open the report
According to the latest weekly fiscal report by the ministry deposits to the SDF, as of 21 March, stood at MVR 233.2 million;
Word for word from the report in Maldives Republic. Open the report
deposits over the same period last year stood at MVR 236.6 million.
Word for word from the report in Maldives Republic. Open the report
While the total annual SDF collections for 2024 is projected to reach MVR 1 billion,
Word for word from the report in Maldives Republic. Open the report
claimed that the SDF had just USD$2 million at the end of the previous administration.
Word for word from the report in Maldives Republic. Open the report
The current administration had already accumulated US$35 million and is set to bank US$100 million by the end of this year, Muizzu said.
Word for word from the report in Maldives Republic. Open the report
The current administration had already accumulated US$35 million and is set to bank US$100 million by the end of this year, Muizzu said.
Word for word from the report in Maldives Republic. Open the report
The first bill to be introduced by the administration to Parliament was the SDF Bill, which the legislative body rejected.
Word for word from the report in Maldives Republic. Open the report
