Amid grim forecast, Maldives says it is “well prepared” to avert default
A file photo of the flag of Republic of Maldives. Despite global lenders and rating agencies flagging a “high risk” of debt distress in the Maldives, the government said it is well prepared to stave off a financial meltdown. Addressing Colombo-based journalists on Friday evening (September 13, 2024), Minister of Foreign Affairs Moosa Zameer and…
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