India Extends Budgetary Support to Maldives, Signaling Improved Ties

The Maldivian government on Monday, May 13th, expressed gratitude to India for its vital budgetary support, terming it a testament to the longstanding friendship between the two nations. This development comes shortly after Maldivian Foreign Minister Moosa Zameer visited India and met with External Affairs Minister S Jaishankar, indicating a positive shift in relations. India provided a budget support of USD 50 million to the Maldives, which is intended for infrastructural and community development projects. The Maldives expressed appreciation for India’s ongoing assistance, emphasizing its value in promoting mutual benefit and prosperity.

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