India extends USD 250 million loan 'without conditions' to Maldives to overcome COVID-19 economic impact
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India has formally extended the USD 250 million loan to the Maldives to help it mitigate the economic impact of the coronavirus COVID-19 pandemic. The Indian mission in the Maldives said in a statement, "The budgetary support of USD 250 million is extended without conditions." The grant, provided under the most favourable terms possible, was handed over at a ceremony in Maldivian capital Male.