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11-18-2018, 06:16 AM
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Maldives' new president warns treasury 'looted' during China-led boom
Ibrahim Mohamed Solih says country’s financial situation ‘precarious’ after racking up huge debt with Beijing
The new president of the Maldives has declared the state coffers to have been looted and warned that the country is in financial difficulty after racking up debt with Chinese lenders in an infrastructure boom. The island nation is the latest in a number of small countries where China has invested millions of dollars building highways and housing as part of its “belt and road” initiative. Continue reading... 
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المواضيع المتشابهه
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| Boom times in China take economy past Japan | eshrag | القناة الإخبارية - أخبار | 0 | 02-15-2011 10:00 PM |
| Treasury to get windfall from foreign tax havens | eshrag | القناة الإخبارية - أخبار | 0 | 11-13-2010 07:08 AM |
| Tough new rules on marriage vows in Maldives | eshrag | القناة الإخبارية - أخبار | 0 | 11-05-2010 05:56 AM |
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