Maldives: Developing a Legal, Policy and Operational Framework for the Sovereign Development Fund

Author/Editor:

Sandeep Saxena ; Trevor A Lessard ; Marie-Helene Le Manchec ; John Gardner ; Martin Marcone ; Alissa Ashcroft

Publication Date:

August 8, 2023

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

In their effort to strengthen fiscal management, the authorities in the Maldives are aiming to develop a legal framework for the country’s Sovereign Development Fund (SDF) to provide it a firm legal basis and establish its governance, accountability, and reporting arrangements. An IMF team supported the authorities in this endeavor with advice on key design choices involving the SDF’s objectives, operational policies, and interaction with the country’s broader fiscal management framework. This note summarizes the mission’s analysis and recommendations.

Series:

High Level Summary Technical Assistance Report No. 2023/009

Subject:

Frequency:

Regular

English

Publication Date:

August 8, 2023

ISBN/ISSN:

9798400251917/2959-4103

Stock No:

HLSEA2023009

Format:

Paper

Pages:

4

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