• 09/22/2024

With Chinese loans looming, Maldives gets IMF warning over ‘debt distress’

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

As of June 2023, the Export-Import Bank of China owned 25.2 per cent of the Maldives’ external debt and was the country’s biggest single lender.

https://www.scmp.com/news/asia/south-asia/article/3262518/chinese-loans-looming-maldives-gets-imf-warning-over-debt-distress?utm_source=rss_feed