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India rolls over $50-mn loan on ‘request’ by Muizzu govt, easing Maldives’ growing debt crisis
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India rolls over $50-mn loan on ‘request’ by Muizzu govt, easing Maldives’ growing debt crisis

New Delhi: India Monday agreed to roll over a $50 million loan to the Maldives after the Mohamed Muizzu government made a special request to “secure budgetary support” from New Delhi, said the Indian High Commission in Malé.The roll-over temporarily eases the debt repayment schedule of the island nation, which is set to spike to over $1.07 billion in 2026. “State Bank of India has subscribed for one more year the USD 50 million Government Treasury Bill, issued by Ministry of Finance of Maldives…The continuation of subscription has been made at the special request of the Government of Maldives to secure budgetary support from the Government of India,” the Indian High Commission said on X. Show Full Article The roll-over of the $50 mi...
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Video | Maldives Minister Responds To Remarks Against India: “Won’t Get Repeated…”

In an exclusive interview to ANI on May 09, Maldivian Foreign Minister stated that stand of Maldivian Government on derogatory remarks against India is that it shouldn't have been done. Further he assured that proper action is being taken regarding the same so that such things don't get repeated. He said, "If you have seen as you said, we have said that it's not the stand of the government or we believe that it shouldn't have been done. We are taking proper action to make sure that this doesn't get repeated. There has been a misunderstanding, in social media. The governments of Maldives and India understand what has happened and we have passed that stage now." On Indian tourist figures declining in Maldives, Foreign Minister of Maldives, Moosa Zameer said, "I th...
‘Development ties based on mutual interests’: Jaishankar welcomes Maldives Foreign Minister Moosa
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‘Development ties based on mutual interests’: Jaishankar welcomes Maldives Foreign Minister Moosa

New Delhi: Development of India-Maldives ties is based on “mutual interests” and “reciprocal sensitivity”, External Affairs Minister S Jaishankar said on Thursday during his talks with his Maldivian counterpart Moosa Zameer.Zameer is New Delhi in the first high-level trip from Male after the Maldives’ pro-China president Mohamed Muizzu assumed office six months ago. “As close and proximate neighbours, the development of our ties is obviously based on mutual interests and reciprocal sensitivity,” Jaishankar said in his opening remarks in his meeting with Zameer. Show Full Article “As far as India is concerned, these are articulated in terms of our Neighbourhood First policy and SAGAR (Security and Growth for all in the Region) vision...