India has provided $ 50 million aid to Maldives , The State Bank of India has extended the US $ 50 million government Treasury Bill issued by the Finance Ministry of Maldives for another year, following the government’s appeal for loan assistance. Maldives Foreign Minister Abdullah Khalil gave information about this by tweeting.
External Affairs Minister Abdullah Khalil tweeted this information.
External Affairs Minister Abdullah Khalil tweeted, “I want to express my heartfelt gratitude for providing significant financial assistance to Maldives through the rollover of the US Dollar Bill, US $ 50 million towards the Foreign Minister Dr. S. Jaishankar and the Government of India. It will support the government -to -the government to implement the government and the economy to implement the economy to stabilize the economy.”
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What did the Indian High Commission say?
The Maldives Indian High Commission said, ‘State Bank of India has subscribed to a $ 50 million government treasury bill released by the Finance Ministry of Maldives Government on March 17, 2019/26 June 2019. The period was then extended till 12 May 2025. Now at the request of the Maldives government, SBI has extended the bill as emergency financial assistance till another year i.e. 11 May 2026.
