National Budget 2025: India to Provide Bulk of Grant Aid to Maldives

India is expected to provide MVR 1.6 billion in grant aid to the Maldives for the National Budget 2025, which Minister of Finance Moosa Zameer presented in Parliament. The total budget is MVR 56.6 million. India will also provide US$105 million for the Thilamalé Bridge. In total, MVR 2.25 billion in international grant aid is expected, with India contributing 72% and China 22%. Other donor nations include Japan, Pakistan, Saudi Arabia, Netherlands, Italy, and the UAE. India has also rolled over a US$50 million debt to 2025 and agreed to a currency swap.

India is expected to provide MVR 1.6 billion in grant aid to the Maldives for the National Budget 2025, which Minister of Finance Moosa Zameer presented in Parliament. The total budget is MVR 56.6 million. India will also provide US$105 million for the Thilamalé Bridge. In total, MVR 2.25 billion in international grant aid is expected, with India contributing 72% and China 22%. Other donor nations include Japan, Pakistan, Saudi Arabia, Netherlands, Italy, and the UAE. India has also rolled over a US$50 million debt to 2025 and agreed to a currency swap.

India is expected to provide MVR 1.6 billion in grant aid to the Maldives for the National Budget 2025, which Minister of Finance Moosa Zameer presented in Parliament. The total budget is MVR 56.6 million. India will also provide US$105 million for the Thilamalé Bridge. In total, MVR 2.25 billion in international grant aid is expected, with India contributing 72% and China 22%. Other donor nations include Japan, Pakistan, Saudi Arabia, Netherlands, Italy, and the UAE. India has also rolled over a US$50 million debt to 2025 and agreed to a currency swap.

This story involves 1 source and may affect public understanding of budget / grant aid.