In a demonstration of strengthening investor confidence and the success of the government's fiscal management, the price of the Maldives' sovereign Sukuk has significantly increased in recent months. The Sukuk, a key indicator of the international market's faith in the Maldivian economy, was trading at USD 87.44 on July 7, 2025, a significant climb from USD 64.72 in early April 2025.

This upward trajectory is a direct reflection of the government's commitment to its financial obligations and its proactive approach to strengthening the nation's economic fundamentals. A series of strategic financial manoeuvres have been instrumental in this market optimism.

In March 2025, the government successfully settled a significant repayment to a private creditor. This was promptly followed by the settlement of the Sukuk coupon payment in April 2025. These actions sent a clear and powerful signal to the global financial community of the Maldives' steadfastness in honouring its commitments, thereby bolstering investor confidence.

Furthermore, the government's commitment to fostering strong and collaborative international partnerships has yielded substantial positive results. Successful dialogues with major bilateral partners have been crucial in arranging a forthcoming refinancing package.

The surge in the Sukuk price is a clear vote of confidence from the international market, affirming the positive impact of the government's economic policies and its engagement with the global financial community. The Ministry of Finance and Planning remains dedicated to this path of prudent financial management and international cooperation.