MVR 26B financing requirement, MVR 13B on repaying debt

5 hours ago

The Maldives’ budget financing requirement is expected to rise to MVR 26.3 billion next year, MVR 12.9 billion of which will go towards servicing debt, mostly on paying off the sukuks issued by the former administration, according to the Finance Ministry. The Finance Ministry on Thursday presented a proposed budget of MVR 64.2 billion for next year – marking the highest