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President Muizzu says $526m sukuk cleared without asset sales, key state properties secured

President Dr Mohamed Muizzu announced that the Maldives repaid a $526 million sovereign sukuk using domestic financial capacity, without selling state assets or taking on new high-interest debt. He said the settlement protected state properties such as Dharumavantha Hospital, the Ministry of Finance complex, Indira Gandhi Memorial Hospital land and Iskandhar School premises, with records at the Maldives Monetary Authority and Ministry of Finance verifying the claims.

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  • $526 million sovereign sukuk repaid The Standard President Dr Mohamed Muizzu has announced that the Maldives has successfully repaid a $526 million sovereign sukuk

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