MALDIVES, September 21 (Online Int’l): India in a further bid to counter China’s growing financial footprint in South Asia, announced a $250 million loan to the Maldives to boost its coronavirus-battered economy .
The Indian Ocean archipelago, renowned for its luxury resorts, has been badly hit by the pandemic, with foreign tourists failing to flock back in large numbers after international flights restarted in mid-July,
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