Maldives’ usable reserves top $200m; sovereign fund $100m
The official said the figures reflect progress in strengthening the country’s external position through ongoing fiscal policies and reforms.
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The Maldives’ usable reserves stood at more than USD 200 million at the end of September 2025, while the Sovereign Development Fund (SDF) has maintained a liquid balance of over USD 100 million, a senior official from the Ministry of Finance and Planning has confirmed.
The official, who spoke on condition of anonymity, said the figures reflect progress in strengthening the country’s external position through ongoing fiscal policies and reforms, despite global economic challenges.
The update comes after President Dr Mohamed Muizzu emphasised the Government’s commitment to restoring fiscal stability in a recent post on X.
“When we took over the Government on 17 November 2023, all bills submitted to the Government of Maldives and State-Owned Enterprises, including thousands of outstanding bills through local businesses, will be paid within the next five weeks. This is a huge achievement in the effort to revive the economy from a deep hole,” the President wrote on X Thursday evening.
The Ministry of Finance and Planning said the Government remains focused on meeting its financial obligations while advancing reforms to ensure economic stability and long-term growth.
