India Aware of Maldives’ Challenges, Ready to Help: President Muizzu

President Mohamed Muizzu stated in a BBC interview that India is aware of Maldives' financial challenges and ready to assist. He defended decisions to expel Indian troops and not renew the hydrography agreement, saying they reflect the will of the people. Muizzu announced spending cuts on 27 June as usable foreign reserves depleted in August, and credit rating agencies Fitch and Moody's downgraded Maldives. India rolled over US$50 million debt to 2025. Relations between the two countries had slumped after Muizzu's election on an 'India Out' platform.

President Mohamed Muizzu stated in a BBC interview that India is aware of Maldives' financial challenges and ready to assist. He defended decisions to expel Indian troops and not renew the hydrography agreement, saying they reflect the will of the people. Muizzu announced spending cuts on 27 June as usable foreign reserves depleted in August, and credit rating agencies Fitch and Moody's downgraded Maldives. India rolled over US$50 million debt to 2025. Relations between the two countries had slumped after Muizzu's election on an 'India Out' platform.

President Mohamed Muizzu stated in a BBC interview that India is aware of Maldives' financial challenges and ready to assist. He defended decisions to expel Indian troops and not renew the hydrography agreement, saying they reflect the will of the people. Muizzu announced spending cuts on 27 June as usable foreign reserves depleted in August, and credit rating agencies Fitch and Moody's downgraded Maldives. India rolled over US$50 million debt to 2025. Relations between the two countries had slumped after Muizzu's election on an 'India Out' platform.

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