India-Maldives reaction

World

Maldives President Muizzu seeks debt relief from India after insisting on withdrawal of military personnel

[ad_1] During the previous regime, headed by pro-India leader Ibrahim Mohamed Solih’s administration, the total amount of loans taken from the Export and Import Bank of India (Exim Bank) stood at USD 1.4 million (MVR 22 million). “Together with this, the amount owed by Maldives to India by the end of last year stood at MVR 6.2 billion, he said. At the current rate of 1 MVR equal to…

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