Maldives, US sign agreement on debt suspension

2 months ago

Maldives and Unites States have signed an agreement on the G-20 debt service suspension initiative, agreeing to temporarily suspend debt service payments owed by Maldives to the US. The agreement was signed by the Maldivian High Commissioner to Sri Lanka Omar Abdul Razzak and the US Ambassador to Maldives Alaina Teplitz in Colombo on Wednesday. Maldivian Foreign Ministry has stated that the