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International Tribunal for the Law of the Sea
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Politics
Economic independence essential to protecting Maldives from foreign influence, says President
President Dr Mohamed Muizzu used the official Victory Day ceremony at Republic Square in Malé on Tuesday evening to argue that economic independence is as vital to Maldivian sovereignty as territorial defence, saying his government had reduced debt dependence, ended irresponsible borrowing and money printing, and strengthened foreign investor confidence. He spoke as the proposed 2027 budget of MVR 59.7 billion was before Parliament, and also cited the 2024 withdrawal of Indian military personnel and an ongoing maritime boundary dispute with Mauritius.
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