'Thank you India', India came to the aid of Maldives in trouble; China and Pakistan will be surprised to hear Muizzu government's words

India Helps Maldives: India has decided to extend treasury bills of US $ 50 million to Maldives for another year. The Indian High Commission said in a statement that the State Bank of India (SBI) has subscribed to the Maldives government's treasury bills of $ 50 million for another year on completion of the previous subscription.

Sat, 21 Sep 2024 10:40 AM (IST)
'Thank you India', India came to the aid of Maldives in trouble; China and Pakistan will be surprised to hear Muizzu government's words
'Thank you India', India came to the aid of Maldives in trouble; China and Pakistan will be surprised to hear Muizzu government's words

India has stepped forward to assist the Maldives, which spews venom at India and runs a 'India Out' campaign. India has agreed to extend treasury bills worth US$ 50 million to the Maldives for another year at the request of the Muizzu government. The Muizzu government thanked India for its budgetary assistance to the Maldives.

The Indian High Commission said in a statement that the State Bank of India (SBI) has subscribed to the Maldives government's treasury bills worth $50 million for another year on completion of the previous subscription. In the month of May this year, SBI had subscribed treasury bills worth $50 million under the old system on the request of the Maldives government. These subscriptions have been made as "emergency financial assistance" on the special request of the Maldives government.

Maldives Tourism Minister Ahmed Adeeb responded to the help provided by India. He wrote in a post on X, "Expressed gratitude to the Government of India for extending significant budgetary support with the rollover of treasury bills worth $50 million. Adeeb said that this strengthens the deep ties between our countries and strengthens our path towards economic stability and development."

Let us tell you that earlier this year, there was a tremendous sourness in the relations between India and Maldives. In January, PM Modi had posted some beautiful pictures of the island while visiting Lakshadweep.

Seeing these pictures, people on social media started saying that tourists should visit Lakshadweep instead of Maldives. Maldives did not like this statement of the people. After this, some ministers of the Maldives government made comments against India. After this, the dispute between the two countries deepened.

Muskan Kumawat Journalist & Content Writer