I condemn hypocrisy in all its forms

Tuesday, February 20, 2024

US Development Finance Corporation looking to invest in Maldives

...Speaking at the Indo-Pacific Relations panel discussion held at United States Institute for Peace (USIP) last Friday, Lu noted the dire status of the economy in the Maldives at present.

"If the Maldives' debt is not restructured in 2026, more than USD 1.3 billion dollars will need to be issued as repayment. This is an amount higher than the annual budget," Lu said. READ MORE FROM THE EDITION

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