[ORGANIZATION]
Sovereign Development Fund
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Situations
Maldives-India debt repayment and forex crisis
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Latest: Bank of Maldives denies funding government debt repayment to India
The Maldives has completed the repayment of a USD 150 million budget-support facility facilitated by India. The final USD 50 million installment was settled on September 17, 2026, clearing a total liability consisting of