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A digest of news and opinion from the Maldives.

China Industrial and Commercial Bank

45% Debt of Maldives to be Paid to China: World Bank

45% Debt of Maldives to be Paid to China: World Bank

By Maldives Times 1 min read

A report published by the World Bank States, at the end of 2020, the debt beard by the Maldivian government is at 78.9% of GDP and about 45% of this debt is to be paid to China. Whilst the debt amount of the government is increasing in the ongoing 2020, A report reading “Maldives Development […]