India cut its proposed grant aid to the Maldives for the current fiscal year from US$72 million to US$47 million, a 48 percent reduction, with Indian media reporting the cut amid weakening ties as the Muizzu administration courted China. Indian tourist arrivals to the Maldives have declined since a diplomatic spat earlier in the year.
One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
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India has revised its initially proposed US$72 million (MVR 1 billion) in grant aid to the Maldives for the current fiscal year; reducing the amount to US$47 million (MVR 732 million), marking a 48 percent reduction on the initially proposed amount.
Word for word from the report in Maldives Republic. Open the report
India has revised its initially proposed US$72 million (MVR 1 billion) in grant aid to the Maldives for the current fiscal year
Word for word from the report in Maldives Republic. Open the report
reducing the amount to US$47 million (MVR 732 million), marking a 48 percent reduction on the initially proposed amount.
Word for word from the report in Maldives Republic. Open the report
India had budgeted US$91 million (MVR 1.4 billion) in aid to the Maldives last year.
Word for word from the report in Maldives Republic. Open the report
