Maldives-India

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Government settles final $50 million debt to SBI

The government has fully repaid a $150 million debt to the State Bank of India, settling the final $50 million installment this month. The debt, originally incurred in 2019, was cleared in three stages under the current administration. This payment is part of a broader $2.3 billion effort to service foreign debt over the last two years.

1 day ago

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Insufficient funds for essentials after repaying $50 million loan

Former President Mohamed Nasheed warned that repaying a $50 million bond to India will deplete the Maldives' usable reserves. He cautioned that this financial strain will leave the government unable to afford essential imports like food, fuel, and medicine. The payment marks the final installment of a $150 million debt to the State Bank of India.

1 day ago

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Government settles final $50 million debt to SBI

Insufficient funds for essentials after repaying $50 million loan

Maldives refutes High Commissioner's claim on Indian consulate

Govt consults business leaders on India FTA

Muizzu slams opposition MDP's "destructive" ideology

Mundhu indirectly accuses India of attempting to influence

India donates 20,000 doses of measles vaccine

Muizzu congratulates Modi on historic milestone

Foreign reserves plunge to USD 717 million

Maldives holds hydrography discussions with the UK

Foreign Minister Iruthisham begins first official trip to India

USD 50 million payment settled for T-bills sold to SBI

Nasheed and Solih in Delhi

Nasheed departs for New Delhi to attend Indian Ocean Dialogue

Nasheed warns on spending amid revenue drop

Maldives struggles to extend $400M India swap

Muizzu criticises slow progress on India-funded Thilamale' Bridge