national debt – Maldives Times

Guess How Much National Debt Maldives Owes Per Person

By Maldives Times October 20, 2020 2 min read

According to the report presented by the Whole House Committee’s chair, Parliament Speaker Mohamed Nasheed, the government debt currently stands at MVR 172 billion. The seven types of debts stated in the report include: Loans taken from foreign nations: 49 loans totalling MVR 13 billion. Loans taken from international organizations and institutions: 124 loans totalling […]

Yameen defends rising debt

By Maldives Times November 27, 2017 2 min read

President Abdulla Yameen has hit back at opposition criticism over rising national debt, defending the huge loans taken by his four-year administration as necessary for development. Speaking at a function held Sunday night to hand out the annual ‘Youth Awards,’ Yameen said the criticism from opposition lawmakers showed a lack of vision or an understanding […]