India Helping Maldives Stabilise Its ‘Stressful Financial’ Situation: Foreign Secretary Misri

India has played a crucial role in supporting the Maldives during its current period of severe financial stress. The Maldivian economy has been facing a mounting debt crisis, with dwindling foreign exchange reserves and substantial external debt payments—USD 600 million due in 2025 and as much as USD 1 billion by 2026—posing significant risks to its economic sovereignty.In response, India has
India has played a crucial role in supporting the Maldives during its current period of severe financial stress. The Maldivian economy has been facing a mounting debt crisis, with dwindling foreign exchange reserves and substantial external debt payments—USD 600 million due in 2025 and as much as USD 1 billion by 2026—posing significant risks to its economic sovereignty.In response, India has
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