India Extends Financial Support to Maldives Via Rollover of USD 50 Million Treasury Bill

India Extends Financial Support to Maldives Via Rollover of USD 50 Million Treasury Bill

Get latest articles and stories on Business at LatestLY. The Government of India has extended support to India's maritime neighbour, Maldives by rolling over the USD 50 Million treasury bill, the High Commission of India to Maldives said in a statement on Monday. Foreign Minister of Maldives, Abdulla Khaleel expressed gratitude to the Indian government and hailed the timely assistance which "reflects the close bonds of friendship" between the tw…

India Extends Financial Support To Maldives Via $50M Treasury Bill Rollover

Maldives Foreign Minister Abdulla Khaleel expressed gratitude to India’s leadership for its financial support, highlighting its crucial role in bolstering the nation’s economic resilience. The post India Extends Financial Support To Maldives Via $50M Treasury Bill Rollover appeared first on StratNews Global.

India renews $50m treasury bill support to Maldives

The Government of India has extended support to India's maritime neighbour, Maldives by rolling over the USD 50 Million treasury bill, the High Commission of India to Maldives said in a statement on Monday.

India’s ‘Neighborhood First’ in Action: $50M Aid Extended to Maldives

The Maldives has extended heartfelt gratitude to India for offering a $50 million Government Treasury Bill, a timely financial measure that supports the island nation’s fiscal reform efforts and reinforces the two nations’ strong bilateral ties.

India Extends Financial Support To Maldives Via Rollover Of USD 50 million Treasury Bill

The Government of India has extended support to India’s maritime neighbour, the Maldives, by rolling over the USD 50 million treasury bill, the High Commission of India to the Maldives said in a statement on Monday. The Foreign Minister of the Maldives, Abdulla Khaleel, expressed gratitude to the Indian government and hailed the timely assistance, which “reflects the close bonds of friendship” between the two countries. In a statement shared on …

India extends financial support to Maldives via rollover of USD 50 million Treasury Bill

India continues its support to the Maldives. The government has rolled over a USD 50 million Treasury Bill. This action follows a request from the Maldives government. The State Bank of India will subscribe to the bill for another year. This arrangement is interest-free. It serves as emergency financial assistance. This reflects India's commitment to its 'Neighbourhood First' policy.