The Abu Dhabi Fund for Development has agreed to defer repayment of a USD 100 million loan to the Maldives, Finance Minister Moosa Zameer has announced, as the government steps up efforts to manage external debt.
The loan is linked to a Sukuk issued in 2017, and the deferment was secured following discussions with the United Arab Emirates. The agreement is expected to be signed electronically.
Zameer said the arrangement forms part of broader fiscal management efforts aimed at reducing expenditure pressures.
He added that other bilateral partners have also provided relief, with India granting deferments and China offering concessions on loan repayments.
The move comes as the government seeks to strengthen its liquidity position while maintaining key financial commitments.
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