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Reuters

Politics

India to extend extra $100 million credit to Maldives

Narendra Modi India Ibrahim Mohamed Solih Maldives New Delhi

Maldives' President Ibrahim Mohamed Solih and India's Prime Minister Narendra Modi attend a photo opportunity ahead of their meeting at Hyderabad House in New Delhi, India, August 2, 2022. REUTERS/Altaf Hussain

India will extend an additional $100 million line of credit to the Maldives, Prime Minister Narendra Modi said on Tuesday, after a meeting with the island nation's President Ibrahim Mohamed Solih in New Delhi.

"We have decided to extend an additional line of credit worth $100 million dollars so that all projects may be completed on time," Modi said at a joint press meet in the Indian capital.

(Reporting by Shilpa Jamkhandikar in Mumbai; Editing by Andrew Cawthorne)

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