Maldives Crisis: India is reportedly preparing to provide financial aid to Maldives and President Mohamed Muizzu may visit India soon, the Maldives government announced. Maldives is on the verge of defaulting due to economic crisis and external debt. Although the Maldives government has not yet formally requested assistance from India, it is likely to be discussed during President Mohammed Muizzu’s upcoming visit to India. According to a Bloomberg report, the Maldives may get $400 million immediately under the Reserve Bank of India’s (RBI) currency swap program, while additional long-term loans…
Read MoreMaldives Crisis Debt Of Mohamed Muizzu Country Increase As He Eager To Come India
