Darks clouds gather; can Maldives weather this storm?

6 hours ago

The Maldives has USD 688 million in debt repayments due in the last quarter of this year. That is equivalent to MVR 10.6 billion. It has another USD 1.1 billion in debt repayments due next year. A total of USD 1.78 billion. Equivalent to MVR a staggering MVR 27.57 billion. The Maldives has approved a budget of MVR 56.6 billion for