Loans of USD 334 million taken in 2024

In 2024, the government has taken nine loans, reaching a total of USD 334 million (MVR 5.2 billion). Of last year's loans, 80 percent were taken for the Velana International Airport project.

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Ministry of finance

Mariyath Mohamed

2025-01-19 11:19:28

In 2024, the government has taken nine loans, reaching a total of USD 334 million (MVR 5.2 billion).

As per Ministry of Finance statistics, the largest loan was taken from Saudi Fund for Development. This is the USD 150 million (MVR 2.3 billion) loan taken for the development of Velana International Airport.

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