National Debt

82 articles

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Exclusive: Maldives sought extension on $50M India debt

The Maldives government requested a further extension to repay a final $50 million debt installment to India, but the request was denied. Despite the refusal, the Maldives settled the payment last week using its Sovereign Development Fund. This follows previous rollovers and a $50 million grant provided by India earlier this year.

3 days ago

Business

Debt nears MVR 100 billion as domestic borrowing surges

The Maldives' state debt is nearing MVR 100 billion due to a surge in domestic borrowing from local banks and state enterprises. This reliance on internal markets follows a failure to secure projected foreign financing. Total debt has returned to early-year levels despite a major sukuk repayment earlier this year.

1 week ago

News

Latest

Exclusive: Maldives sought extension on $50M India debt

Debt nears MVR 100 billion as domestic borrowing surges

Muizzu administration takes on MVR 44 billion in debt

Govt takes USD 80 million in loans for fuel imports and harbors

Is BML's 'CCC-' rating a win?

Yameen projects Muizzu’s debt to hit MVR 90 billion

USD 50 million payment settled for T-bills sold to SBI

Should we trust the secret sukuk payback plan?

"Govt has USD 650 million in savings, no worries about sukuk"

Govt cannot explain efforts made to recover money from resorts

MACL borrows USD 40 million to repay new terminal debt

"Govt trying to obscure interest rate of Cargill loan"

Govt securities debt at more than MVR 100 billion

Abu Dhabi Fund rollovers USD 100 million bond due in April

"Big crime" to take loan at 14 percent interest: Zameer

"Govt plans to get USD 350 million loan at 17 percent interest"

Govt close to finalizing USD 300 million loan from Cargill

"Sukuk payment could empty reserves and endanger sovereignty"

How Cargill and Moosa Zameer preside over punitive debt

Govt to take out USD 100 million loan from Abu Dhabi Fund