Malaysia agrees in principle to support Maldives’ US$100m soft loan request, says Anwar

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Maldivian President Muizzu seeks Malaysian investment as two sides reaffirm support for Palestine, climate action

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PETALING JAYA – Malaysia has agreed in principle to support the Maldives Monetary Authority's application for a US$100 million financial facility. Prime Minister Datuk Seri Anwar Ibrahim said that Bank Negara and the Maldives Monetary Authority will detail the mechanism and process for its implementation later. Anwar was informed of this after witnessing the exchange of two memorandums of understanding between Malaysia and Maldives in the field …

Malay News- Malaysian newspapers from Kuala Lumpur

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Male (Maldives): Malaysia bersetuju secara prinsip untuk menyokong permohonan Maldives bagi kemudahan US$100 juta, yang disifatkan Perdana Menteri Datuk Seri Anwar Ibrahim sebagai satu bentuk pinjaman mudah yang akan dilaksanakan menerusi pihak berkuasa monetari kedua-dua negara. Anwar yang juga Menteri Kewangan berkata, syarat serta Mekanisme bagi kemudahan itu masih diperincikan oleh Bank Negara Malaysia (BNM) […] The post Malaysia setuju seca…

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MALÉ (MALDIVES): Malaysia has agreed in principle to support the Maldives' application for a US$100 million facility, which Prime Minister Datuk Seri Anwar Ibrahim described as a form of soft loan that will be implemented through the monetary authorities of both countries. Anwar, who is also the Finance Minister, said the terms and mechanism for the facility are still being detailed by Bank Negara Malaysia (BNM) ...