India grants concession in repayment of loans

4 hours ago

India has granted concession in the repayment of loans due by Maldives, which will see a 40 percent decrease in the annual repayment obligations. The agreement pertaining to the concession was executed on Friday as part of Indian Prime Minister Narendra Modi’s ongoing state visit to the Maldives. Speaking during a press conference on Friday evening, India’s Foreign Secretary Vikram Misri said annual repayment