topic

Debt

Politics

Foreign minister extols China-Maldives partnership

The praise was at odds with Speaker Nasheed’s criticism of Chinese debt.

22 Jul 2019, 9:00 AM

Politics

Maldives president defends Indian assistance

President Solih dismissed the opposition’s criticism over debt and sovereignty.

19 Dec 2018, 9:00 AM

Business & Tourism

Previous administration gave sovereign guarantees worth US$1.3 billion

US$660 million was disbursed to 24 companies.

04 Dec 2018, 9:00 AM

Politics

China would respect will of Maldives people over debt, says Gayoom

China has financed Maldives projects with loans in excess of a billion dollars.

29 Oct 2018, 9:00 AM

Politics

Maldives president-elect invited to visit China

Chinese state-run media backed “mutually beneficial cooperation” to continue under Solih.

07 Oct 2018, 9:00 AM

Politics

China ‘respects’ Maldives election outcome

The Maldives is heavily indebted to China.

26 Sep 2018, 9:00 AM

Business & Tourism

Concern over Maldives mounting debt to China

The three largest Chinese projects in the Maldives are said to be worth $1.5 billion.

10 Sep 2018, 9:00 AM

Business & Tourism

President scoffs at concern over mounting debt

Overdue infrastructure development would take decades without foreign loans, Yameen contended.

25 Jun 2018, 9:00 AM

Business & Tourism

Debt ‘natural’ for the Maldives

The Maldives has been borrowing heavily from China, but details of the loan are not clear.

18 Jun 2018, 9:00 AM

Business & Tourism

Nasheed plans to renegotiate Chinese debt

05 Jun 2018, 9:00 AM

Features & Comment

China, debt and the Maldives

The IMF and World Bank say major building projects have the capacity to transform the Maldivian economy, but are concerned about the high debt being fuelled by the infrastructure scale-up.

27 Mar 2018, 9:00 AM

Business & Tourism

Government defends plans to sell US$200m worth of sovereign bonds

In the face of criticism from the opposition, the finance ministry said the Maldives’ first ever international sovereign bond issuance would help raise finances for infrastructure projects and develop the country’s financial system and capital market.

31 Dec 2016, 9:00 AM

Business & Tourism

Maldives airport expansion to cost US$800m

President Abdulla Yameen unveiled Wednesday a US$800million plan to expand the Maldives’ main airport. The project, to be financed entirely by loans, was risky, but its returns would be transformational, he claimed.

08 Apr 2016, 9:00 AM

Business & Tourism

Economic growth relatively strong, but public debt ratio high: IMF

08 Mar 2015, 1:10 PM

News In Brief

Finance Minister sends 2015 estimated budget to parliament for approval

02 Nov 2014, 8:07 PM

Business & Tourism

GMR surprised with decision to give airport development to Chinese firm

17 Sep 2014, 7:21 PM

Business & Tourism

Slippages in revenue or expenditure will undermine debt sustainability: MMA macroeconomic report

12 May 2014, 5:40 PM

Business & Tourism

Tourist arrivals rose six percent in February

06 Apr 2014, 3:39 PM

Business & Tourism

Tourism industry GDP growth flatlined in 2012, reveals Finance Ministry

04 Nov 2013, 4:30 PM

Business & Tourism

Bank of Maldives reportedly resolves US$58 million debt chase out of court

27 Jun 2013, 7:45 PM

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