India to extend extra $100 million credit to Maldives

MUMBAI (Reuters) – 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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