Big picture of figures: Maldives to pay for Sukuk; no default

Maldives owes about $25 million (MVR 385.5 million) for the Sukuk by October 9.

6 September 2024

Maldives central bank warns of zero usable reserves in August

The finance ministry issued a letter last week asking companies to stop paying salaries in dollars.

18 August 2024

50m euros budget support loan from Hungarian Exim Bank

Repayment period is 10 years

10 October 2023

Central bank governor says debt restructuring needed

One of the biggest concerns expressed by the MMA at the committee meeting was the lack of spending in line with the annual budget.

20 November 2023

New govt inherits MVR 119b debt; MVR 10b to India

The total public debt, including borrowings and sovereign guarantees, stood at 110.9% of GDP at the end of September.

19 November 2023

Govt mulls projects delay over limited fiscal space

He said a review of the public sector investments projects scheduled for next year is underway

20 November 2023

Germany welcomes China's support for G20 debt restructuring

During Sunday's talks, Germany and China also showed their determination to expand market access opportunities between both countries.

2 October 2023

Sri Lanka bondholders sent $12 bln debt rework proposal to gov't

A copy of the proposal was also sent to the IMF and the Paris club secretariat, one of the sources said.

13 October 2023