IMF Raises Red Flag on Maldives' Debt Levels Amid China Borrowing | Oneindia News

Video Credit: Oneindia

Published on February 8, 2024 - Duration: 02:01s

IMF Raises Red Flag on Maldives' Debt Levels Amid China Borrowing | Oneindia News

The Maldives, heavily indebted to China, faces economic peril according to IMF warnings.

President Muizzi's alignment with Beijing over traditional ties with India strains relations.

Experts caution against repeating past mistakes of heavy borrowing, emphasizing the need for a balanced foreign policy approach for long-term stability.

#Maldives #China #PresidentMuizzu #MohamadMuizzu #IMF #Beijing #India #PMModi #Oneindia #Oneindianews ~HT.99~PR.152~ED.103~

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Maldives

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