Tag: Maldives

India loans $250m to Maldives to boost ‘Covid-battered economy’

India, on Sunday, announced a $250 million loan to Maldives to boost its coronavirus-battered economy in a further bid to counter China’s growing financial footprint in South Asia. The Indian Ocean archipelago, renowned for its luxury resorts, has been badly hit by the pandemic, with foreign tourists failing to flock back in large numbers after […]

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