Maldives Grapples with Looming Debt Crisis as Chinese Borrowings Surge, IMF Issues Warning
The Maldives, a strategically positioned nation in the Indian Ocean, is facing an imminent threat of a debt crisis, according to the International Monetary Fund (IMF). The warning comes in light of the Maldives’ heavy borrowing from China and a notable shift in allegiance from India. Since the ascent of pro-China President Mohamed Muizzu to…



