Maldives pays off USD 50 million debt to India

3 hours ago

The Maldives has settled the payment to India on a USD 50 million T-bill which matured Monday, says President Dr. Mohamed Muizzu. At his weekly press briefing on Monday morning, President Muizzu said that the administration of his predecessor, President Ibrahim Mohamed Solih, had sold three USD 50 million T-bills to the State Bank of India (SBI) to cover budget gaps. He