Https, Sept. 21 -- Maldives' Finance Minister Ibrahim Ameer on Sunday stated that the country most generous towards the Maldives in extending financial aid is India. He made the remarks while speaking at a ceremony held to hand over US$250 million to the Government of Maldives as financial assistance to support the economic challenges arising from the outbreak of the COVID-19 pandemic.

The financial support of US$250 million to the Government of Maldives will be provided through subscription in Maldives' Government Domestic Treasury bonds by SBI, Male. The financial assistance in the form of Treasury Bond, provided at favorable terms, and will provide significant relief for cash flow burden during the Covid19 crisis. This is the largest ...