India provides USD 250 mln as budgetary support to Maldives

The Indian government on Sunday handed over USD 250 million to Maldives as budgetary support to mitigate the economic impact of the ongoing COVID-19 pandemic, marking the largest single donor assistance extended to the island nation in history.

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The Indian government on September 20, 2020, handed over USD 250 million to Maldives as budgetary support to mitigate the economic impact of the ongoing COVID-19 pandemic, marking the largest single donor assistance extended to the island nation in history. PHOTO/FOREIGN MINISTRY

Fathmath Shaahunaz

2020-09-20 15:13:20

The Indian government on Sunday handed over USD 250 million to Maldives as budgetary support to mitigate the economic impact of the ongoing COVID-19 pandemic, marking the largest single donor assistance extended to the island nation in history.

High Commissioner of India Sunjay Sudhir presented the symbolic cheque to Maldives' Minister of Foreign Affairs Abdulla Shahid, at a ceremony attended by Minister of Finance Ibrahim Ameer, State Bank of India (SBI) CEO Bharat Mishra, and officials from the foreign ministry, finance ministry and Indian High Commission.

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