Proven Debt | Atoll Times

Proven Debt

President says Sukuk refinancing will not exceed 9% interest

He added that, in addition to tax revenue, the current budget has secured USD 100 million, which is expected to be collected within 45 days.

ADFD to defer USD 100m bond repayment, says Maldives president

He said ADFD agreed to extend the maturity of the bond by five years.

President assures Maldives economic recovery on solid foundation

He noted that economic reforms include the merger of certain state-owned companies.

Top court disqualifies parliament candidate over decreed debt

11 people, including Hassan Shiyam, have guaranteed the repayment of two large SBI loans, which remain unpaid.