New Delhi: Maldives has gone bankrupt. Another neighboring country of India has gone bankrupt due to China’s expensive debt. Maldives has sought bailout by sharing this information with the IMF. After dealing with India, the Maldives’ already struggling economy suffered a further blow, and it has now reached the point of bankruptcy. In such a situation, Maldives has requested a loan from the IMF to improve the situation.
Maldives went bankrupt: Let us tell you that amidst the ongoing dispute between India and Maldives, Maldives President Mohamed Muizzu deliberately launched India Out campaign to mess with India, under which he made an agenda to expel Indian soldiers from Maldives. By May 10, Indian soldiers will leave Maldives and be replaced by qualified technical staff from India.
Not only this, during Indian PM Narendra Modi’s visit to Lakshadweep and promotion of Lakshadweep, three ministers of Maldives had given controversial comments about PM Modi and Indians. Although the three ministers were later expelled, Mohamed Muizzu did not oppose their comments on the matter. Maldives messed around with India, but now they’re in a bad situation.
After bankruptcy, Maldives has now sought a bailout loan from the IMF. After a miscalculation with India, the already struggling economy of Maldives has received another blow and has now reached the brink of bankruptcy. In such a situation, Maldives has asked for a loan from the IMF to improve the situation.
The dispute going on between India and Maldives for some time is well known which is still not over. Maldivian President Mohamed Muizzu deliberately launched the ‘India Out’ campaign to disrupt India, which included an agenda to expel Indian soldiers from the country. By May 10, Indian soldiers will leave Maldives and be replaced by qualified technical staff from India.
Not only this, when Indian Prime Minister Narendra Modi visited Lakshadweep and promoted it, three ministers of the Maldives gave controversial comments about PM Modi and Indians. Although the three ministers were later expelled, Muizzu did not oppose their comments on the matter. Maldives did mess with India, but by doing so, Maldives is now badly trapped.
There was a time when India and Maldives had good relations. Relationships between the two countries began to deteriorate after Muizzu became President of Maldives. Mohamed Muizzu has been anti-India since the beginning. For this reason, he was adamant about removing the Indian army from Maldives. At the same time, the comments of Maldives ministers after PM Modi’s visit to Lakshadweep caused anger among Indians. Due to this a large number of Indians started opposing Maldives.
Big celebs and many people started canceling their trips to Maldives. Many travel companies in India have also started canceling bookings, ranging from flights to hotels in Maldives. This dealt a big blow to Maldives tourism. Last year, Indians were at the top position among travelers going to Maldives, but now they have come down to fifth place in this matter. The number of tourists visiting Maldives from India has significantly decreased in January and will continue to decline.
