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Февраль
2024

Maldives President Mohammed Muizzu's anti-India stand may further dent Maldives economy

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Maldives President Mohammed Muizzu's recent anti-India stance could impact the country's fragile economy if India's longstanding assistance diminishes, potentially leading to an increase in Chinese loans. India has been Maldives' primary development partner for years, aiding in significant infrastructure projects. However, the country's heavy reliance on Chinese loans poses a risk of debt distress, with Chinese loans accounting for 37% of Maldives' exposure.



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