The Sovereign Development Fund collected USD 59.86 million in the first five and a half months of 2026, an 18 percent rise over the same period in 2025, according to Ministry of Finance figures. Government debt obligations spending reached USD 557.85 million so far in 2026, up 244 percent from USD 162.13 million a year earlier, with nearly USD 1 billion in debt commitments settled during the year.
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The Maldives’ Sovereign Development Fund (SDF) collected USD 59.86 million during the first five and a half months of 2026, reflecting an 18 percent rise compared to the same period last year
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Data published in the Ministry’s latest Weekly Fiscal Development Report shows that the fund generated USD 50.32 million over the corresponding period in 2025
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reflecting an 18 percent rise compared to the same period last year, according to figures released by the Ministry of Finance and Public Enterprises
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State expenditure on debt obligations has climbed to USD 557.85 million so far in 2026, compared to USD 162.13 million during the same timeframe last year — an increase of 244 percent.
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State expenditure on debt obligations has climbed to USD 557.85 million so far in 2026, compared to USD 162.13 million during the same timeframe last year — an increase of 244 percent.
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compared to USD 162.13 million during the same timeframe last year — an increase of 244 percent.
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Authorities stated that nearly USD 1 billion in debt commitments has been settled throughout the year.
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These payments included the repayment of a USD 500 million sovereign sukuk issued in 2021, as well as obligations linked to a USD 400 million currency swap arrangement secured during President Mohamed Muizzu’s visit to India in 2024.
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obligations linked to a USD 400 million currency swap arrangement secured during President Mohamed Muizzu’s visit to India in 2024
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The Maldives’ Sovereign Development Fund (SDF) collected USD 59.86 million during the first five and a half months of 2026, reflecting an 18 percent rise compared to the same period last year, according to figures released by the Ministry of Finance and Public Enterprises.
Word for word from the report in Miadhu. Open the report
