"Economic cooperation with India has actually been an integral part of Maldivian economy. If you look at the Maldivian macroeconomic indicators when we took over the government, you will see what I'm talking about. So obviously, if there is any debt with any country that we need to discus
New Delhi [India], August 29 (ANI): External Affairs Minister S Jaishankar met his Maldivian counterpart Abdulla Shahid and discussed the ongoing session of the 76th United Nations General Assembly, as well as, steps to further deepen bilateral relations between the two nations.
Male [Maldives], September 17 (ANI): Chinese debt trap has cast a shadow over Maldivian economy with some estimates suggesting that island nation maybe owing huge amount to Beijing.
New Delhi [India], August 13 (ANI): India on Thursday announced that it will fund the implementation of the Greater Male Connectivity Project (GMCP) to revitalise the Maldivian economy through a $400 million Line of Credit (LOC) and $100 million grant linking its capital Male with Gulhifalhu
Male [Maldives], July 26 (ANI): India will soon announce a substantial financial assistance package to support the Maldivian economy and assist the country in economic recovery post-COVID-19 pandemic.