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The successful settlement of the USD 500 million Sukuk issued in 2021 marks a significant and commendable milestone for the Maldives. Under the decisive leadership of President Dr Mohamed Muizzu, the Government has demonstrated strong fiscal discipline, strategic foresight, and unwavering commitment to economic stability.
By fully repaying the principal amount of USD 500 million along with the associated coupon amounting to USD 24.68 million, the administration has not only honoured its financial obligations but also reinforced the country’s credibility in international financial markets. The prudent utilisation of the Sovereign Development Fund alongside other foreign currency reserves reflects a carefully calibrated approach to debt management.
This achievement stands as a testament to President Muizzu’s clear vision and diligent efforts to strengthen the nation’s financial position, reduce debt burdens, and safeguard long-term economic resilience. It sends a strong signal of confidence to investors and underscores the Government’s dedication to responsible economic stewardship for the benefit of the Maldivian people.
Ministry of Finance and Planning@MoFmv
Press Release The Government of Maldives Successfully Settles the USD 500 million Sukuk ދިވެހި ސަރުކާރުން 2021 ވަނަ އަހަރު ބައިނަލްއަގުވާމީ ބާޒާރަށް ދޫކޮށްފައިވާ 500 މިލިއަން އެމެރިކާ ޑޮލަރުގެ ސުކޫކު އަނބުރާ ދެއްކުމާ ގުޅޭ tinyurl.com/yrft45bz
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