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Maldives facing alarming decline in Foreign Reserves.
The foreign reserves have plummeted sharply, with usable reserves expected to be exhausted within the month.
The situation is further complicated by the country's obligations to repay foreign loans, amounting to USD 508 million this year. With reserves dwindling, the Maldives' ability to meet these obligations is increasingly uncertain.
The foreign reserves have plummeted sharply, with usable reserves expected to be exhausted within the month.
The situation is further complicated by the country's obligations to repay foreign loans, amounting to USD 508 million this year. With reserves dwindling, the Maldives' ability to meet these obligations is increasingly uncertain.
Maldives facing alarming decline in Foreign Reserves.
The foreign reserves have plummeted sharply, with usable reserves expected to be exhausted within the month.
The situation is further complicated by the country's obligations to repay foreign loans, amounting to USD 508 million this year. With reserves dwindling, the Maldives' ability to meet these obligations is increasingly uncertain.
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