The International Monetary Fund has warned that the Maldives is at a “high risk” of debt problems amid its increasing reliance on China. Maldives owed 42% of its 3 billion dollars in foreign debt to China in 2021. Since Mohamed Muizzu became the President last year, Beijing has pledged even more funding for the island nation.
#maldievesdebttrap #maldivesdebt #maldives #wion
About Channel:
WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.
Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults.
Subscribe to our channel at https://goo.gl/JfY3NI
Check out our website: http://www.wionews.com
Join our WhatsApp Channel: https://bit.ly/455YOQ0
Connect with us on our social media handles:
Facebook: https://www.facebook.com/WIONews
Twitter: https://twitter.com/WIONews
Follow us on Google News for the latest updates
Zee News:- https://bit.ly/2Ac5G60
Zee Business:- https://bit.ly/36vI2xa
DNA India:- https://bit.ly/2ZDuLRY
WION: https://bit.ly/3gnDb5J
Zee News Apps: https://bit.ly/ZeeNewsApps
source
Hope all ok and people don’t suffer
Ooh it’s at high risk of SINKING in debt too
Maldives ka moye moye hone wala 😂hai
Simply yes . Now it's puppet of China.
Maldivs should rent country to China.
The imf is a different name than the chinese, but both of these are better described as economic hit men.
IMF dont want China to help.
Fleece king 👑