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Amid growing proximity between Maldives and China, IMF warns the archipelago of high risk of 'debt distress'

The IMF warns that the Maldives is at high risk of debt distress as it remains heavily dependent on China for funding. The nations economy, which relies heavily on tourism, has recovered from the impact of the pandemic, but uncertainty surrounding the future remains high.
Nirmala Sitharaman Abdulla Yameen World Bank Mohamed Muizzu Maldives President Maldives Abdulla Yameen

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