Is Maldives falling under China's debt trap? | IMF flags debt problems | WION Shorts

The International Monetary Fund has warned that the Maldives is at a "high risk" of debt problems amid its increasing reliance on China. Maldives owed 42% of its 3 billion dollars in foreign debt to China in 2021. Since Mohamed Muizzu became the President last year, Beijing has pledged even more funding for the island nation.

#maldievesdebttrap #maldivesdebt #maldives #wion

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[D.]

Ooh it’s at high risk of SINKING in debt too

[robert-zgor]

The imf is a different name than the chinese, but both of these are better described as economic hit men.