Sukuk not for government expenses: Zamir
VOVoice – 4 hours ago
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Finance Minister Musa Zameer stated that the Sukuk issued by Bank of Maldives is not for government expenses. The purpose of this Sukuk is to expand private sector investments and develop the tourism sector in the northern and southern regions of the Maldives. The Minister clarified that this is not a transaction intended to aid the state budget or for the government's cash flow needs.