Abu Dhabi Fund Agrees to Roll Over Maldives Bond, Muizzu Announces
The Abu Dhabi Fund for Development has agreed to roll over a $100 million bond issued by the Maldives that...
Pension Office CEO Quits After Refusing to Sign MVR 2.4bn Bond Deal
The chief executive officer of the Maldives Pension Administration Office (MPAO), Fathimath Sujatha Haleem, resigned on Wednesday after refusing to...
Pension Office Defends MVR 2.4bn Bond Deal as Criticism Mounts
The Maldives Pension Administration Office (MPAO) on Tuesday defended a planned MVR 2.4 billion transaction involving the sale of treasury...
MPAO Approves Controversial MVR 2.4 Billion Bond Transaction Amid Resignations, Warnings
The Maldives Pension Administration Office (MPAO) board approved a controversial MVR 2.4 billion bond transaction on Monday, a day after...
Pension Fund Use Ahead of Sukuk Maturity Risks Deeper Crisis: Ameer
Former finance minister Ibrahim Ameer has warned that forcing the Maldives Pension Administration Office (MPAO) to fund government operations, with...
Nasheed Warns Maldives Risks Debt Trap as High Interest Loans Pay Off Old Debt
Former president Mohamed Nasheed said on Sunday that the Maldives would be firmly caught in a debt trap if the...
Parliament to Consider Fiscal Responsibility Bill and State Debt Bill
The Bill on Fiscal Responsibility and the Bill on State Debt were accepted for legislative consideration by the Parliament on...
Total State Debt Up; External Debt Down
State debt stood at MVR 126 billion at the end of the first quarter (Q1) this year, the Ministry of...
Year End Target for SDF US$100 Million: Minister Shafeeq
The Maldives’ target is to build up US$100 million in its Sovereign Development Fund (SDF) by the end of the...
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...
