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The Economic Times

Global Business / The Economic Times

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Maldives tourism-driven economy stares at crisis amid West Asia war

The Maldives economy faces a crisis due to West Asia disruptions. Tourist arrivals are down, impacting revenue. Significant debt repayments are due in April. International aid is unlikely. India's financial support is crucial for the Maldives to manage its economic challenges. Rating agencies flag high default risks for the nation.

27 Mar 2026 12:02 am