India has extended a $50 million Treasury Bill for the Maldives for another year, with the Maldives Foreign Minister thanking India for the assistance. The arrangement, facilitated through the State Bank of India, has been rolled over annually and interest-free since March 2019, according to the Indian High Commission.
One outlet so far Only The Standard 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 extended a $50 million Treasury Bill for another year, reinforcing the enduring partnership between the two nations.
Word for word from the report in The Standard. Open the report
Since March 2019, India has been facilitating the subscription of such Treasury Bills by SBI, rolling them over annually, interest-free, to support the Maldivian government.
Word for word from the report in The Standard. Open the report
