Maldivian MP calls for loans from China for economic resurgence
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Https, May 22 -- MP for Maradhoo Ibrahim Shareef has called on the government to obtain loans from China to repair the damage caused to the economy of the country and the financials of the state due to COVID-19.
The MP called to obtain loans of USD 500 million (MVR 7.7 billion) from China and stated that the Maldives should follow suit with other regional countries who are also doing the same.
MP Shareef tweeted last night that the country needed about MVR 15-20 billion to repair the economic damages. MP Shareef stated that Maldives should also obtain a loan of USD 500 million as the neighboring countries of India and Sri Lanka have also done so.
He had stated in yesterday's Parliamentary session that the income of the state was set to...
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