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India Extends Financial Support to Maldives Via Rollover of USD 50 Million Treasury Bill

  • The Government of India rolled over a USD 50 million Treasury Bill to the Maldives as financial support on May 12, 2025.
  • India has facilitated annual, interest-free Treasury Bill subscriptions through SBI since March 2019 under a government-to-government emergency financial assistance framework.
  • This rollover reflects India’s continued support to the Maldives, a key maritime neighbor and partner under the 'Neighbourhood First' policy and Vision MAHASAGAR.
  • Maldivian Foreign Minister Abdulla Khaleel expressed gratitude stating the assistance “reflects the close bonds of friendship” and supports ongoing fiscal reforms for economic resilience.
  • The financial support reinforces bilateral ties and aids the Maldives’ economic efforts as part of India’s broader assistance package including special export quotas.
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The Economic Times broke the news in on Monday, May 12, 2025.
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