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DEBT REPAYMENTS MALDIVES
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...- 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...
- India eases Maldives' debt, pledges approximately Rs 4,850 crore credit lineDuring Prime Minister Modi's visit to Male, India extended a $565 million Line of Credit to the Maldives and eased debt repayment terms, si...
- 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 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...
- Hope President Muizzu tries to maintain age old relationship with India, says Maldivian MPMaldivian Member of Parliament for South Galolhu constituency, Meekail Nasym, has expressed hope that Maldives President Mohamed Muizzu ack...
- 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 for economic support, affirms hope of signing FTAMaldives President Mohamed Muizzu expressed gratitude to India for supporting the island nation in easing its debt repayment. He emphasized...
- 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...
- PM Narendra Modi extends wishes to Maldives President Mohamed Muizzu on EidPM Modi's greetings to Mohamed Muizzu have been shared by the Indian High Commission in Maldives on social media platform X. While sharing ...
- Maldives President told to stop being 'stubborn' and repair ties with IndiaMaldives' President Mohamed Muizzu has been urged by his predecessor Ibrahim Mohamed Solih to abandon his obstinacy and engage in dialogue ...
- Maldives President Mohamed Muizzu seeks debt relief from India after insisting on withdrawal of military personnelMuizzu seeks debt relief from India, appreciates aid and emphasizes national security. He expedited projects and achieved results through d...
- 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...
- India uses UN platform to take a dig at China’s 'debt' modelMost of the money was loaned to Male is in the form of government-to-government loans, private loans guaranteed by the Maldives government ...
- President-elect Ibu Solih may look at halting BRI projects in MaldivesThere is talk that the new President might cancel some BRI projects that were encouraged by his predecessor.
- Bumpy road ahead awaits China as Maldives ousts YameenYameen in many ways defied India something that even Mahinda Rajapaksa did not fully do during this 10-year-reign in Sri Lanka.
- GMR Infra arm bags project for Male International AirportThe total cost of the modernisation and expansion project, estimated at $511 million, is being funded through a combination of debt and equ...
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