Searched for
MALDIVES DEBT DEFAULT
India extends financial support to Maldives under SAARCIndia has approved a significant ₹3,000-crore currency swap for the Maldives. This move aims to bolster the island nation's economy under t...- As Male faces stress, India weighs currency swap extensionIndia is reviewing the Maldives' plea for an extended currency swap facility. The island nation faces significant economic strain, compound...
- 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...
- "If not for India, we would have gone default": Former Maldives President Nasheed praises India's support ahead of PM Modi's visitFormer Maldives President Mohamed Nasheed appreciates India's help. He says India prevented economic collapse during a financial crisis. Na...
- 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...
- Dollar-starved Maldives notifies new foreign currency rulesMaldives has introduced new rules requiring all foreign currency earnings from the tourism sector to be deposited in local banks. The regul...
- 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 may extend financial support to Maldives facing default during Muizzu visitIndia may provide financial support to the Maldives to help it avoid a potential default on its foreign debt. This assistance could be anno...
- 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...
- 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...
- On his first China visit, Maldives' trade minister highlights close India tiesEmphasizing the significance of India to the Maldives economy, President Muizzu's recent visits to New Delhi and Beijing, along with Minist...
- 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...
- Sri Lanka's Supreme Court extends overseas travel ban on Rajapaksa brothers till Aug 2Mahinda and Basil's brother Gotabaya Rajapaksa, the former Sri Lankan President, arrived in Singapore on July 14 on a private visit from th...
- Sri Lanka's Supreme Court bars overseas travel of Rajapaksa brothers till Jul 28The petitioner had claimed that these persons were directly responsible for the unsustainability of Sri Lanka's foreign debt, its debt defa...
- President Rajapaksa sent resignation letter to Parliament Speaker through email: ReportsSri Lanka's embattled President Gotabaya Rajapaksa on Thursday sent his resignation letter through an email to Parliament Speaker Mahinda Y...
- Debt in a warm climate: Coronavirus and carbon set scene for defaultTo avert disaster, countries are committing to carbon cutting steps. But these will be costly and likely to add to a global debt pile which...
- PMC suspended chief in police custody till 9thED which has registered a money laundering case in this matter and will soon write to the Maldives to attach a yacht owned by the promotors...
Load More
