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Tag: Maldives

Posted on May 18, 2024

India to extend budgetary support of $50 million to Maldives

India extended vital budgetary support to the Maldives by rolling over a USD 50 million Treasury Bill for another year, despite recent bilateral tensions. The State Bank of India subscribed to the …
Posted on May 18, 2024

I stayed at a luxurious overwater bungalow in the Maldives and a budget option. I had a great time for less than $100 a night.

I stayed at two overwater bungalows in the Maldives at different price points: Conrad Maldives and South Palm Resort. The cheaper one’s a great value.
Posted on May 18, 2024

Maldives government thanks India for extending budgetary support

Following the previous subscription’s maturity, the State Bank of India renewed its subscription for an additional year to the USD 50 million Government Treasury Bill issued by the Maldives Ministry …
Posted on May 18, 2024

India rolls over $50-mn loan on ‘request’ by Muizzu govt, easing Maldives’ growing debt crisis

Maldives’ external debt servicing to touch $1.07 bn in 2026. Economic realities have forced a change in tactics towards India by the ‘pro-China’ Muizzu government.
Posted on May 18, 2024

India provides USD 50 million in budgetary support to Maldives for another year

The Indian government has provided budget support to the Maldives in the form of a rollover of USD 50 million Treasury Bill for an additional year.
Posted on May 15, 2024

8 private islands you can rent in the Maldives

Answering this call for seclusion, myriad luxury properties spread across the 1,292 islands of the Maldives archipelago now offer exclusive hideaways in concealed corners, private beach retreats and …

( read original story …)



Posted on May 15, 2024

Fallout between the Maldives and India is ‘absolutely’ benefiting Sri Lanka, says tourism minister

Indian travelers’ boycott of the Maldives is benefiting Sri Lanka, says Sri Lanka’s Tourism Minister Harin Fernando, citing the countries’ tight relationship.

( read original story …)



Posted on May 13, 2024

India to extend $50 million budgetary support to Maldives for another year

The State Bank of India has subscribed for one more year to the USD 50 million Government Treasury Bill, issued by the Ministry of Finance of Maldives, upon maturity of the previous subscription.
Posted on May 13, 2024

IMF Executive Board Concludes 2024 Article IV Consultation with Maldives

A staff team visits the country, collects economic and financial information, and discusses with officials the country’s economic developments and policies. On return to headquarters, the staff …
Posted on May 13, 2024

India agrees to extend debt repayment deadline: Maldives minister

Zameer made his first-ever bilateral official visit to India from May 8 to May 10. He stated that on May 9, he and his Indian counterpart S Jaishankar held bilateral talks to discuss important issues …

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