The International Monetary Fund (IMF) has approved a $7bn (£5.25bn) loan to cash-strapped Pakistan.
Read moreBut existing projects, even if controversial, will not be touched, says Foreign Minister Vijitha Herath
Read moreBy P.K.Balachandran/Daily Mirror Colombo, September 24: The Maldivian economy has been going through a bad patch even as there is...
Read morePopular expectations about “change” will have to be met, and an international community anxious about a Marxist being at the...
Read more“Mend fences with India and maintain ties with China to revive Maldives’ economy and protect its independence.”
Read moreOver 50 percent of the area’s land has been expropriated for various “development” projects and the expansion of Buddhist viharas...
Read moreMaldives could immediately avail itself of the US$400 million available under the Reserve Bank of India’s (RBI) currency swap programme,...
Read moreThe reports were on economic recovery and connectivity
Read moreThe issue is whether the government should continue to implement the IMF’s prescriptions or re-negotiate them
Read moreIt is looking for bailouts from India and China.
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