Maldives President Muizzu in Delhi to seek aid and reboot ties

Mohamed Muizzu is expected to seek a bailout worth hundreds of millions of dollars during his India visit.

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Muizzu, who begins a five-day visit to India on Sunday, is expected to seek a bailout worth hundreds of millions of dollars.

The Maldives is staring at a debt default as its foreign exchange reserves have dropped to $440m (£334m), just enough for one-and-a-half months of imports.

“India is fully cognizant of our fiscal situation, and as one of our biggest development partners, will always be ready to ease our burden, find better alternatives and solutions to the challenges we face,” Muizzu told the BBC in an email interview ahead of his visit.

Experts point out that Muizzu's reconciliatory tone towards Delhi is a far cry from the rhetoric he adopted during his election campaign a year ago. That campaign had centred on an “India out” policy, demanding that Delhi must withdraw its troops from the island nation.

https://www.bbc.com/news/articles/c2ek1x3p7rjo

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