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Maldives repays India 50 million treasury bill as Muizzu says debt is cleared
International
Published on 11 May 2026
A payment that shrinks debt and avoids bigger burden
The Maldives has repaid a USD 50 million treasury bill to India, a step President Mohamed Muizzu says will reduce the country’s external debt. The bill was part of earlier financial support from India, subscribed through the State Bank of India. Muizzu added that clearing this liability helps prevent a larger future financial burden.
- Maldives settled a USD 50 million treasury bill owed to India
- The payment is aimed at cutting external debt
- India’s support came via treasury bills subscribed through SBI
- Muizzu says the repayment avoids a bigger financial hit
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times