The strategically-placed Indian Ocean nation of the Maldives, which has borrowed heavily from China and shifted allegiance from India, is at high risk of “debt distress,” the IMF warned Wednesday. Maldives President Mohamed Muizzuspeaks at the Invest Maldives Forum, at the Fuzhou Strait International Convention and Exhibition Centre, in Fuzhou, China,(PTI) Beijing has pledged more funding for the Maldives since pro-China President Mohamed Muizzu took power in November. Discover the thrill of cricket like never before, exclusively on HT. Explore now! Muizzu thanked China last month for its “selfless assistance” for development funds after a visit to Beijing. The International Monetary
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