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Maldives repays second $50 million Indian treasury bill: Muizzu

The Maldives has made a significant payment to India, settling a USD 50 million treasury bill. This move aims to reduce the nation's external debt. India had previously provided financial support through treasury bills subscribed by the State Bank of India. President Muizzu stated that his administration has cleared this debt, preventing a larger financial burden.

11 May 2026 3:55 pm