According to statistics from the Ministry of Finance, MVR 1.3 billion has been deposited into the Sovereign Development Fund (SDF) so far this year. The data further reveals that MVR 9.7 billion has been expended on debt servicing within this period, marking an increase compared to the same timeframe last year. Additionally, a USD 500 million loan repayment was settled through the SDF this year. Established in 2016, the fund is specifically designated for emergency contingencies and the repayment of substantial state loans. The SDF is primarily funded through Airport Development Fees, dividends from MACL, and revenues generated from various airport services.
