• Friday, March 29, 2024

Business

Indian PM Modi Announces Financial Support Of $1.4 Billion To Maldives

Maldives president Ibrahim Mohamed Solih and India’s prime minister Narendra Modi shake hands ahead of their meeting at Hyderabad House in New Delhi, India, December 17 (REUTERS/Adnan Abidi).

By: Radhakrishna N S

Indian prime minister Narendra Modi on Monday (17) has announced a financial support of $1.4billion to the South Asian nation, Maldives in a bid to support its overall economic growth. Modi announced his support to the tiny island nation while speaking in a press conference with the visiting Maldives president Ibrahim Mohamed Solih in New Delhi. Solih arrived in New Delhi on Sunday (16) on a three-day visit, his first foreign trip after taking the charge of the top office in the island nation a month ago. “For Maldives’ social and economic development we are providing a financial assistance of $1.4bn in…

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