Speaker of Parliament, Mohamed Nasheed has stated that the government debt is currently MVR 172 billion.

Presenting a report on findings about loans taken between 2012 and 2018, Nasheed said that the data estimates the current government debt to be around MR 172 billion.

The report lists seven types of debts incurred by the state. They are:

- Loans taken from foreign nations: 49 loans totaling MVR 13 billion.

- Loans taken from international organizations and institutions: 124 loans totaling MVR 12.9 billion.

- Loans taken by state-owned enterprises with sovereign guarantees: 114 guarantees totaling MVR 41 billion.

- Unpaid bills by the state and state-owned enterprises: MVR 5.4 billion.

- Overdraft facilities by state-owned enterprises: MVR 78 million.

- Loans, bonds and treasury bills from Maldives Monetary Authority (MMA): MVR 7.4 billion.

- Treasury bills and bonds sold by the government to other parties: MVR 91.9 billion.

He further added that most of the loans taken between the time period is legitimate.

Further detailing on the report, Nasheed said that MVR 10.2 billion was spent on repayments in 2019 while MVR 9.1 billion has been spent on repayments in 2020 so far.