Skip to content

A digest of news and opinion from the Maldives.

debt restructuring

Debt, Debt, and More Debt! Government to Create a Loan Restructuring Committee

Debt, Debt, and More Debt! Government to Create a Loan Restructuring Committee

1 min read

A report was passed in the Parliament yesterday, suggesting that the government restructures all debt except for those payable to foreign parties or international organisations. The report addressed a number of major points in relation to the government’s debt issue. The first point was loan restructuring or reprofiling, for which a special committee would need […]