News
23 October 2024

Struggling Maldives refinances Chexim loan

In:
Infrastructure
Region:
Asia-Pacific

The Maldives has arranged a portion of a loan taken out from the Export-Import Bank of China to be refinanced.The government said $75 million needed to be refinanced in order to pay back a portion of the $378 million loan taken out in 2015 for the Velana International Airport project. The...

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