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MALDIVES DEBT CRISIS
Maldives repays second $50 million Indian treasury bill: MuizzuThe Maldives has made a significant payment to India, settling a USD 50 million treasury bill. This move aims to reduce the nation's extern...- Maldives’ tourism-driven economy stares at crisis amid West Asia warThe Maldives economy faces a crisis due to West Asia disruptions. Tourist arrivals are down, impacting revenue. Significant debt repayments...
- India works on lines of credit to Maldives before PM Modi's tripIndia is considering a new line of credit for the Maldives, potentially finalized during Prime Minister Modi's upcoming visit. This visit, ...
- India rolls over $50 million treasury bill to aid MaldivesIndia has extended crucial financial support to the Maldives by rolling over a $50 million treasury bill, providing vital assistance amid a...
- Maldives may be heading for debt default akin to Sri LankaMaldives faces potential debt default similar to Sri Lanka, with critical foreign reserves depletion and a substantial debt burden. The gov...
- China's lending practices push Maldives toward sovereign defaultThe Maldives faces a severe debt crisis, exacerbated by external debts and unfavorable trade terms with China. With dwindling foreign reser...
- Maldives' Muizzu rushes to mend ties with India as China debt squeeze loomsMaldives President Mohamed Muizzu, who pushed for an 'India Out' campaign, now seeks financial aid from India. He is visiting New Delhi to ...
- Maldives comes back to India, after rubbing shoulders with the DragonMaldives President Mohamed Muizzu, a pro-China leader is on his first bilateral visit to India since taking office, seeking to repair relat...
- India extends emergency support to Maldives as it battles debt default threatIndia has extended emergency financial support to the Maldives by subscribing to its $50 million treasury bill. This move follows a ratings...
- India ready to give Maldives aid as sukuk default risk loomsIndia is prepared to offer the Maldives emergency financial support to address its financial challenges, including a potential sukuk defaul...
- Operation opportunities: How India is gaining influence regardless of shifts in neighbourhoodOver the past decade, India has built deep linkages in four key areas - finance, supply chains, petroleum, and (power and road) infrastruct...
- Maldives President Muizzu thanks India for economic support, hopes for free trade dealPresident Mohamed Muizzu thanked India and China for their significant contributions to stabilize the Maldives' economy. He announced loan ...
- Maldives President Muizzu thanks India, China for support to strengthen his country's fragile economyPresident Mohamed Muizzu of the Maldives has expressed gratitude to India and China for their crucial support in addressing the nation's ec...
- Maldives gets IMF debt warning as more Chinese loans loomMaldives warned by IMF of 'debt distress' due to heavy borrowing from China. Urgent need to increase revenue, reduce spending, and limit ex...
- China agrees to consider restructuring of loans to Maldives: President MuizzuMaldives President Mohamed Muizzu has announced that China, the largest external creditor to the country, has agreed to consider restructur...
- Muizzu's bid to revive FTA with China may lead to debt crisis in MaldivesChina's current share of Maldives total debt is 37% and there are fears that FTA will further increase debt share, pushing Maldives into a ...
- India may partner Japan, US, UAE & Saudi ArabiaSolih will be in India on his maiden state visit after becoming president based on his ‘India first’ policy.
- Abdulla Yameen tried to play India against China: Maldives Foreign MinisterMaldives knows the importance of India as it is an “important” partner, said Shahid who was on his first visit to India and was speaking to...
- Maldives-China FTA could plunge Maldives into political crisisChina is eyeing naval base in Maldives much to India’s discomfort. FTA will increase Maldives' trade deficit and push it towards a debt tra...
- India's silence on Maldivian issue will worsen crisis'In stark contrast to India's silence, countries like US and UK have spoken out against the attempts to impede the functioning of parliament...
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