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The government has announced plans to take out a USD 300 million loan next year in order to pay part of the upcoming 2026 debt repayment.
Speaking at the Public Accounts Committee of the parliament today, Finance Minister Dr. Mohamed Shafeeq answered a question about next year's fiscal strategy, and said that they are now developing a fund to seek additional investors to invest in the Sovereign Development Fund (SDF), in order to prepare for the USD 500 million debt repayment the government has to make as a single payment in the year 2026.
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