 "Mohamed Muizzu, Mohamed, Modi, Narendra Modi")
Premium
Prime Minister Narendra Modi with President of Maldives Mohamed Muizzu during a meeting at Hyderabad House, in New Delhi, Monday, Oct. 7, 2024. (Photo: PTI)
It took an economic crisis for Maldives President Mohamed Muizzu to transition from an “Indian Out” champion during his 2023 election campaign to an expansive host a year later, inviting Prime Minister Narendra Modi for a state visit next year and exhorting more Indian tourists to visit the island nation. Staring at a debt default and with foreign-exchange reserves falling to $440 million, roughly worth one and a half months’ imports, Male’s newfound bonhomie with New Delhi has been built on a financial package that includes a $400 million currency-swap deal and an additional Rs 3,000 crore
Leave a Reply