IMF Warns Of Maldives Foreign Debt Crisis, After China Borrowing

www.ibtimes.com

IMF Warns Of Maldives Foreign Debt Crisis, After China Borrowing

www.ibtimes.com

Lee Duna to

World News@lemmy.worldEnglish · 9 months ago

The strategically-placed Indian Ocean nation of the Maldives, which has borrowed heavily from China and shifted allegiance from India, is at high risk of "debt distress," the IMF warned Wednesday.

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