Financial Sector

Islamic Finance

Maldives issues USD300 million Sukuk

2 min read

On 29 March, the Government of the Maldives issued its debut international sovereign Sukuk amounting to USD200 million. With a five year maturity, the Sukuk was reported to be priced...

Public Sector

Unrealistic new revenue measures will widen financing gap

7 min read

On 25 April 2021 ,the Maldivian parliament, just one day prior to the maturity of an overdraft of MVR4.4 billion [USD285 million]taken by the Solih administration from the Maldives Monetary...