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Located off the coast of India, the Maldives has a population of about 525,000 across more than 1,000 islands and atolls. The majority of citizens are concentrated in the capital city of Malé.
Fact Check: The Maldives is an archipelagic state made up of islands in the Indian Ocean, and it is the smallest country in Asia by land mass. It is known for its picturesque scenery and great ...
The Maldives, [d] officially the Republic of Maldives, [e] and historically known as the Maldive Islands, is a country and archipelagic state in South Asia in the Indian Ocean. The Maldives is southwest of Sri Lanka and India , about 750 kilometres (470 miles; 400 nautical miles) from the Asian continent's mainland.
The Maldives has chosen U.S.-headquartered Centerview Partners to be its adviser on debt matters as the country battles to stave off a financial crisis, two sources familiar with the situation said.
The Maldives has experienced relatively low inflation throughout the recent years. Real GDP growth averaged about 10% in the 1980s. It expanded by an exceptional 16.2% in 1990, declined to 4% in 1993, and, over the 1995–2004 decade, real GDP growth averaged just over 7.5% per year.
MALE, Maldives (AP) — Mohamed Muizzu was sworn in Friday as the Maldives' fifth democratically elected president and said he will ensure there is no foreign military presence in the archipelago.
The Maldives – island nation comprising a group of atolls in the Indian Ocean. [1] The Maldives is located south of India's Lakshadweep islands, and about seven hundred kilometres (435 mi) south-west of Sri Lanka. The twenty-six atolls of Maldives' encompass a territory featuring 1,192 islets, two hundred and fifty islands of which are inhabited.
India approved a $400 million and a 30 billion rupee ($357.35 million) currency swap agreement, Modi said, adding that India was willing to provide extensive help to the Maldives to develop ...