The Government of India today, handed over US$250 million to the Government of Maldives as financial assistance to support the economic challenges arising from the outbreak of the COVID-19 pandemic.
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Minister of Finance Ibahim Ameer has presented the 2021 proposed budget for the People’s Majlis today. The projected total budget for 2021 for the government is MVR 34,787,720.151.
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The Government of the Republic of Maldives and the Export-Import Bank of India (EXIM India), has today signed a Loan Agreement for an amount of USD 400,000,000 (United States Dollar Four Hundred Million) for the purpose of financing the Greater Male’ Connectivity – Male’ to Thilafushi Link Project.
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The Government of the Republic of Maldives and the Japan International Cooperation Agency (JICA), has today signed a Loan Agreement for an amount of ¥5,000,000,000 (Five Billion Japanese Yen) for the purpose of supporting the Government of Republic of Maldives in COVID-19 crisis response.
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