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A digest of news and opinion from the Maldives.

State Debt

Government Debt Increases to MVR 73.9 Billion

Government Debt Increases to MVR 73.9 Billion

1 min read

The Ministry of Finance has revealed that state debt has risen to MVR 73.9 billion,  a six per cent increase compared to the MVR 69.4 billion recorded in the first financial quarter of 2020. The Ministry’s debt management statistics show that external debt, based on Gross Domestic Product (GDP), stood at MVR 37.7 billion, while […]