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The Indian government is prepared to support the Maldives to alleviate its financial challenges, Indian media reports citing an anonymous official.
An Indian official speaking to The Economic Times on condition of anonymity, said that the Maldives could immediately access USD 400 million through the Reserve Bank of India’s currency swap program in addition to seeking long-term loans from a USD 800 million line of credit extended to the Maldives government in 2019.
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