Certain loan repayments delayed by Chinese government: PO

The President's Office, on Wednesday, revealed that the Chinese government has deferred the repayment of certain loans taken by Maldives for the upcoming year.

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Chinese Ambassador to Maldives Zhang Lizhong with President Ibrahim Mohamed Solih in October 2019. PHOTO: MIHAARU

Mariyam Malsa

2020-11-18 14:39:51

The President's Office, on Wednesday, revealed that the Chinese government has deferred the repayment of certain loans taken by Maldives for the upcoming year.

Spokesperson for the President and Chief Communications Strategist at the President's Office, Ibrahim Hood, stated that the deferment was finalised under the Group of Twenty (G20) Debt Service Suspension Initiative (DSSI).

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