INSUBCONTINENT EXCLUSIVE:
Fund bailout after warnings of a possible sovereign default.Foreign minister Moosa Zameer said the Indian Ocean archipelago, best known for
it is a time where we will be right now engaging with the IMF..
Shafeeq to meet with local central bankers and other officials.China and India are the two largest bilateral lenders to the Maldives, a tiny
nation of 1,192 tiny coral islands in the Indian Ocean scattered across the equator.President Mohamed Muizzu came to power a year ago on the
foreign debt at $3.37 billion in the first quarter of this year, equating to around 45 percent of gross domestic product.China accounted for
$409 million this year, would add to severe stress.Source: AFP--Agencies
