Maldives Pension Administration Office
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BusinessSecurities debt surpasses MVR 100 billion with Pension Fund bond
The Maldives' securities debt has exceeded MVR 100 billion following a major bond transaction with the Pension Fund. This surge reflects heavy reliance on domestic borrowing, which has already surpassed annual budget targets. Approximately 97% of this debt is held locally by commercial banks and state institutions.
BusinessAbdul Majeed appointed board Chairperson of Pension Office
Abdul Majeed Ali has been appointed as the Chairperson of the Maldives Pension Administration board for a three-year term, while Yameen Idris has been appointed as a member of the Pension Office Board.
