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According to recent statistics from the Ministry of Finance, the government has transferred over USD 32 million (MVR 500 million) to the Sovereign Development Fund (SDF) so far in 2023.
The ministry recently confirmed that a total of USD 36 million (MVR 550 million) has been transferred to the fund so far in 2023. The projected total for the year in the state budget is USD 56 million (MVR 870 million). As of the most recent review date, the government has transferred 63 percent of the budgeted total to the fund.
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