Subtitle:
Acknowledges crucial support from New Delhi amid economic challenges
News Report:
Maldives President Mohamed Muizzu has expressed his gratitude to India for its “pivotal” economic support at a time when the island nation faces significant financial pressures. The statement came during a formal address in Malé, where Muizzu highlighted the importance of India’s assistance in stabilizing the Maldivian economy.
He acknowledged that India’s financial backing—through credit lines, budgetary support, and developmental aid—has played a critical role in maintaining public services and ensuring the timely completion of ongoing infrastructure projects.
The President’s remarks mark a notable shift in tone, given past tensions between the two nations over regional influence and military presence. “India has remained a reliable partner in our path to economic recovery. Their assistance has come at a crucial time,” Muizzu stated.
Analysts believe this public acknowledgment may help reset bilateral ties, which have seen ups and downs in recent months. Indian officials welcomed the comments, reiterating New Delhi’s commitment to supporting the Maldives in its development journey.
As the Maldives continues to navigate its post-pandemic recovery, India’s role in the country’s economic roadmap appears to remain significant.