Econ Minister: Sovereign fund has grown to USD 35m

7 months ago

The Maldives’ sovereign development fund (SDF) has now grown to USD 35 million, according to Economic Minister Mohamed Saeed. Saeed, who is accompanying President Dr. Mohamed Muizzu on his current tour of L. Atoll, made the remark during a rally in Maavah on Thursday. The SDF is a state-owned investment fund comprised of money generated by the government which is used to