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mohamed ibrahim solih

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Prime Minister Narendra Modi and Maldivian President Ibrahim Mohamed Solih.(Sanjeev Verma/HT Photo)

Burdened by Chinese debt, Maldives gets $1.4bn aid from India

New Delhi | By HT Correspondent
PUBLISHED ON DEC 17, 2018 11:06 PM IST
India said on Monday it will provide $1.4 billion as financial aid to the Maldives, which is grappling with mounting Chinese debt, after the two sides signed four agreements that will boost cooperation in areas ranging from healthcare to defence.
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