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Maldives Faces High Risk Of Debt: IMF

The Maldives, having borrowed extensively from China, is still deemed by the International Monetary Fund (IMF) to be at a โ€œhigh risk of external and overall debt distressโ€. This warning highlights the necessity for immediate policy changes. While the IMF did not provide specifics on the Maldivesโ€™ foreign debt, they stressed the critical need for prompt policy adjustments.

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