Parliament Begins Debate on SDF Bill
Parliament has begun debating the Sovereign Development Fund (SDF) Bill. The legislation, proposed on 10 June, was introduced on behalf…
SDF Collections Decline by MVR 3.4 Million
The Sovereign Development Fund (SDF) collections declined by MVR 3.4 million compared to the same period last year, according to…
Government MPs’ Absence Leads to Rejection of Own Bill
The Parliament has rejected the first bill introduced by President Dr Mohamed Muizzu’s administration due to an unprecedented absence of…
Parliament Considers Government-Proposed SDF Bill
The Sovereign Development Fund (SDF) Bill, introduced for Parliament’s consideration on Wednesday, will limit the use of the Sovereign Development…
New SDF Bill Proposes Governance Council, Legal Mechanisms to Regulate Use
A newly proposed Sovereign Development Fund (SDF) Bill sent to Parliament stipulates that funds from the SDF can only be…
