Maldives faces high risk of debt distress due to China loans, IMF alerts
The Maldives, a nation celebrated for its stunning landscapes and strategic geopolitical location, finds itself facing a daunting financial reality. The International Monetary Fund (IMF) has issued a warning that the country is at a high risk of debt distress, primarily due to its heavy borrowing from China. This development calls for an immediate reevaluation […]
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