IMF Warns the Maldives of "Debt Distress" Risk | Vantage with Palki Sharma
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- čas přidán 12. 05. 2024
- IMF Warns the Maldives of "Debt Distress" Risk | Vantage with Palki Sharma
The International Monetary Fund has warned the Maldives of "debt distress" unless important policy changes are announced. The island nation's total foreign debt is over $3 billion with Chinese lenders making up almost 42% of it. IMF has attributed the country's struggles to rising commodity prices and a weakening tourism sector. President Mohamed Muizzu, who has followed a pro-China policy, has called Chinese financial assistance "selfless". He has also asked Beijing to restructure the debt owed by the Maldives. Is Muizzu's dependence on China backfiring? What should India do to prepare for a possible debt crisis in the Maldives? Palki Sharma tells you.
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Maldives | Debt Distress | International Monetary Fund | President Mohamed Muizzu | China | Xi Jinping | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#maldives #debtdistress #internationalmentaryfund #presidentmuizzu #china #xijinping #india #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
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Never thought that an Indian Prime minister relaxing on a chair on an Indian beach could cause such havoc!!!🤣😂🤣😂🤣😂
What happened 😯? Did Modi make India GDP 20 trillion dollars hehehe 😂🤣😂🤣
@@Philosoper007 atleast we are not begging in front of someone 😂😂
@@Philosoper007mullah spotted
@@notout291 you are not begging really? only 4,13,670 people of india are begging right😂
@@sandipthapa526you are one among them 😂😂
Boycott maldives🔥🙌🏻
Please spread the word
@Boycott India
# BOYCOTT MALDIVES
Maldives are not even worth let's focus on our country alone
"It is now India's turn to launch a comprehensive campaign to boycott Maldives, a return gift from Indians."
Jai Hind
Where did she say that ?
Never 😞
He's suggesting it..@@strawmanfallacy8666
Boycott maldives , we will never forget India out campaign
Why would you like to have your soldiers in other countries?? Isn't this colonial mindset ?? What if american or Chinese soldiers to be stationed in India ?? Do you welcome or you would walk on the foot of Maldives?? Bade Bhai रवैया must be stopped or india will isolate itself from South asia
If Chinese or American soldiers will not be stationed here that would not make a difference but that is not case with Maldives.......We stationed our soldiers there "on the request of former Maldivian government" to maintain and operate the aircrafts which we donated to them which allows their citizens to get airlifted for various medical emergencies.
"Boycott Maldives" campaign is not because they ordered our soldiers to vacate the island nation. The boycott compaign is because of the misbehaviour and ill words spoken by the maldivian deputy ministers against our pm and entire India. We supported them with vaccines, food, water, medicines, funds, tourism etc etc and this is what we got in return. Is this justified??
@@postman11 you have no idea why Indian soldiers were there in Maldives, also it was a treaty not invasion
@@postman11wumao🤢
People of south india will never boycott Maldives 😂😂😂
It’s a triangle love ❤️ between Maldives, China and debt trap. The suffering climax is known to many
I thought it's between Maldives Chinese and Indian......😑😑😑
@@kickass7104 often exotic Debt trap replaces India and some how India makes a comeback at the end once neighbour country realises they’re in deep shxt🤣
@@kickass7104 India is only remembered by their neighbours when they are in deep shitz.
Bullshit of India 😂😂😂
Global warming will not allow Maldives to sustain after 2050...
We will see it stage by stage every 10 years...where they will place requests to control Global warming...
Miuzzu is just a Maldivian version of Rajapaksha....he is determined to sink Maldives below the Indian ocean
He already sinked maldives
Muizzu hasn't only put Maldives economy in distress , he has put whole of the Maldives in distress.
Arrogance has it's limits .
Nope Sunni Isla doesn't 😊 Mala deep citizens are Sunni. 😊
Yatha praja thatha raja 😂
Because Muizu gives a shit about his country’s economy, one thing that might be in his mind filling his own pockets and flee to some other country like Rajapaksa’s did… win win for him
Muizzu sold his soul to the devil. He has millions waiting for him in Swiss account so his future is secure. Now if tens of thousands of Maldiviens live in poverty it's not his problem. We saw this happen in Sri Lanka now this would happen in Maldives. What a pity how a corrupt politician can spoil the future of hundreds of thousands of honest citizines.
👍👍❤❤
agreed
But who elected him with almost hundred percent majority???? If people really worried there would have been chaos to dethrone the guy they have elected. But people are enjoying the treatment of India and Indians.
Using asmani kitaab 😂
do you think chin involved in sri lanka ...even their gevt didnt involved with sri lanka gevt, its pure sri lanka gevt did...u can check journal from harvard bussines review and washington journal from university ,are u just spread propaganda without get _real data?
That's what you get from dumping India for China. :(
Dont interrupt your enemy when hes making a mistake ...maldives will be doomed and will come begging to india ...😂😂
They have dignity bro they won't come to India. Do they have dignity?
still the total number of beggars in india are far more than in the maldives😂
@@sandipthapa526 who asked you?. It's people's fate to be born as rich and poor. 😎
@@sabarinathan6554 who asked you to reply? 4,13,670 people in india are beggars right🧐
@@sandipthapa526 look a Nepali saying this things 😂😂
For him it doesn't matter as he will leave the country and it's people to repay the debt, while he will enjoy luxury life else where with his family.
India should stay away from Maldive debt.
As India is secular country, It may not, India will always take care of its small childrens, for eg pakistan maldives, and its brother country, Bangladesh and Sri Lanka,
for a small country of population with atleast half a million. 3 BILLION US dollars is a lot to pay
Don't go there, it's a death trap 💀
Biggest debtor IMF saying beware 😅😅😅😅😅
Imf doesn't takes your land like china if you ain't able to pay the loan back
As Indians we also need to remember that local politics is different from international politics. We bash China daily but India is still dependent on trade with China. We should also keep in mind that when we boycott Maldives, we are also giving space for China to intervene.
There is a saying "If you always talk bad things about others, it shows who you are more than who they are". India should definitely talk about China and the issue we have with them, but i think our bashing of China every fcuking day (sometime even those matters that has nothing to do with India) has come to a point where we are making ourselves look desperate and jealous instead of making China look bad before the world. I have repeatedly commented about this, but for some reason YT keep deleting my comments!! Kya karu!
u r a kid u dont understand geopolitics.
India is not trying to make china look good or bad India is just doing what needs to be done when china tries to steal our land.
@@kolviczd6885 YOUR GAME IS OVER
@@kolviczd6885 I am Chinese, and in my opinion, people like you who think rationally are the ones we should worry about, as they may bring pressure in future competition. Those who only argue all day long don't have to worry, they will only fall into an infinite self proof logic and cannot come out.
Indian citizens or the flag bearers of the Nation should become more proactive and not be dependent on the government for subsistence so their own local policing to keep India safe from within.
Some lessons are learned by the Hard Way.....
The IMF doesn’t like competition.The IMF is a bank and an extension of soft power politics often demanding political and social changes in countries in exchange for the loans. Often these countries can’t repay the loans as well.
அவர்களுக்குச் சீன அரசாங்கம் இருக்கிறது..நாட்டை முழுகடிக்க😂
*If Begging is an "ART", then Maldives is the "ARTIST"🌚😂😂*
Don't say that . Pakistan will not tolerate. Pakistan will not give their position to Maldives or any country
@himashree_das7514 if begging is an art then 4,13,670 people in india are artists according to your logic😂😂😂
She is relentless!! Such clarity & sense. Great job!!!!
Very easy if you are wired to only criticise
Vote for UPI, Vote for UCC, Vote for constitutional improvement
these r more shameless than pakistan
Just because they don't ally with India?
And how can you say Pakistan is shameless? You can say they are less developed. But what to do with shame?
@@spy_on_the_weblooks like you don't know anything about Pakistan, they are famous for begging money from IMF, US, CHINA, SAUDI,UAE, EU. their latest tactic is to beg money in the name of climate change.😂😂😂😂
@@spy_on_the_webdon't ally with INDIA? When you take defense planes from INDIA as a gift , free aids , vaccines, food, drinking water and send your people for medical treatment in INDIA and try to backstab it......that's shameful.
You mean India.?
Better news than most channels ,with fact and logic views nice work first Post team
Let that Crow of maldives cawing 😂😂😂
He born to doom maldives😂
Sunni nation. Inborn talent 😂
CONTINUE BOYCOTTING MALDIVES.
A mixture of overly high self-esteem, jealousy and hatred towards almost all its neighbours - What do you expected from these people? Friendship and cooperation are better than fighting - Stop demonizing other countries and people please!
Stop begging then.
Exactly 💯
The IMF warning countries about the Chinese debt trap is akin to ‘the pot calling the kettle black.’ Nevertheless, I’m curious if there are any countries that offer interest-free loans.
There are. All Moslems nations offer interest free. Saudi Arabia, UAE etc.
@@StevenKilner Yes charging interest is HARAM but killing or forcefully converting is not apparently
@@StevenKilnerbut the thing is that they are never available
@@StevenKilner Thank you for your reply. I wonder if KSA and UAE are offering interest-free loans what are the reasons poor countries turn to IMF? Strange, isn't it? Maybe these interest-free loans are given for specific needs and in small amounts. I'm not sure anyway.
In the fiscal year 2024, India's bilateral trade with China totalled $118.4 billion, with imports rising by 3.24% to $101.7 billion and exports increasing by 8.7% to $16.67 billion.
This is trade not debt. You fool
India should develop Lakshadweep and Andaman. Both have so much potential and India definitely has the capability to do so.
Why is the IMF so concerned? Is it because the political clout behind its loan policies has finally become crystal clear to all?
First post is great
Thanks Ms. Palki and thanks India 🇮🇳 for making small nations aware Debt Trap Tactics being constantly utilized by Chinese CCP-PLA's to gain leverage their agenda and make weaker countries succumb to their domination and coercion.
Congrats Maldives 😂😂😂😂
Warning should come true palki nailed it final nail it should happen
1. Vande baharat
2. 80 cr free rashan
3. 5 lakh free medical insurance
4.Make in india ...weapon export 2.3 billion
5. apna ghar jozna
6. kashmir development after 370
7. Railways conctivity
8. road highways conctivity
9. 5th larget economy
10. fastest growing ecomony 8.2
11. Digital india
12. U.P.I International
13. 80% indian population link with Banking
14. 3× AIIMS and IIT
15. World Class Railways Station
16. Temple Tourism increse
17 113 Unicon or 157K Start up
18 Tejas Express Train
19 India currency use in Arab
20. Ram Mandir
👍
Now the ungrateful Maldivians have made one more accusation after pocketing the $50 million. One of the helicopters operated by Indians made an unapproved sortie to an island 200 Km away. The Indian Ambassador clarified that the sortie was on an emergency and approved by the Maldivian Defence Force. Very petty indeed. It is heartening to see that Indians are boycotting Maldives without any Govt advisory. No big ticket Indian marriages are happening in Maldives hurting them badly. This trend should continue and Indian tourists should visit Lakshadweep instead.
Maldivian overall GDP could be equal to one Indian company's worth. 😅😂
Maldives gdp /person is 5 times more than the average Indians, india is still a very poor and undeveloped third world country
The state bank of India asks Indians to come after lunch and yet is authorizing loans for Maldives. Irony!
Yes ,most of the Govt. sector Banks in India work like that ....have to visit 4 days to print my passbook......or sometime asked to come after 3 pm for other bank works or other excuses is shortage of staff or other issue is net is down ...but also ,people who make FAT transaction are given VIP treatment ...these is how our Govt. sector Bank works ....but in Private Banks things are done within minutes ......middle class in India make accounts in Govt sector banks only for perceived security purposes ....
@@rajadutta8635 WHY SHOULD YOU GET PASSBOOK PRINTED ? USE INTERNET BANKING.
Never thought this is so soon 🤣🤣
Another zinger from Palki-ji "Never thought I would hear the words selfless and China spoken together". Way to go Ma'am! Thank you!!
Maldives now joins china's other debt ridden club..... Kenya, Pakistan, Zambia, Sri Lanka and Zimbabwe.
You forgot IMF debt ridden Argentina, Venezuela, etc. Pot calling kettle black eh? 😂
The IMF is way more credible than Chinese debt trapping the poorer nations of the world. Parasitical lending has reached new lows thanks to the Ccp.
Palti's narrative
"Basically its a fancy word for being broke"...
He will run away from Maldives like Rajapaksas ran away from Srilanka after defaulting.
... but will keep all the bribes
Income from tourism is not steady like income from production units.so any financial liabilty willbe a bottle neck for speedy economy development of any nation only basis of tourism revenue.
What is india doing @
=Giving 50million to Maldives (today news)
Madam Palki👍
india Still coining that outdated fake "debt trap" slogans. Works everytime 😂😂😂
Is India's fiscal economic growth triggered by UKRAINE RUSSIA war? If the war stopped, what would happen to growth?
Well it has nothing to do with India, but if russia goes bankruptcy then Iindia would suffer, as a lot of business is with russia, major oil and wepons are purchased from russia by Indians, however around 50 Million or Billion of Business is in between Russia and India I heard froms S.Jaishankar the forigen minister of India speaking to a Russian personal,
The Maldives FM gave a masterclass lesson to India's and S. Jaishankar. He pointed out the many benifits of having India out of the the Maldives, such as: The Maldives will be cleaner, smell nicer, fresher, less dangerous and especially safe for women.
Great job
At least no open defecation 😮😅😅😅😅😅
lol same racist remarks in the face of decaying economy good job keep up
Good for you then..n good luck too
Beg with no shame is face of Moola 😂😂
Only following big brother paxtans footsteps. So we can fairly guess what their future will be like.
Мы смотрим ваш эфир.
.
Cry’in Palki… Bawling over anything everything Chinese… I feel her pain…
.
They made this choice. Let them live with it.
India has a long way to be a great power. Talking and running down on others can’t take you there
Indians should not support Maldivian Economy without a quid pro quo.
Not happy with the Indian government rolling out budgetary support to Male
And they are buying drones😂
What?! SBI has that kind of money. Wow! Idk😮😮😮
India shouldn't jump in to bite the Maldives bait. They should pay for the insults heaped on India. Hope Indian govt deals with them appropriately and not cave in to help them
Bravo on Maldives staying away from quad 4 threats & bullying by Hypocrites!!!!
MALDIVIAN Rajapaksa Mohamed Muizzu
Dear citizens of Maldives,
Please remember your actions against other might hurt your future. Country first than religion...else you won't be there to practice religion. Be human and love all.
China and USA can't be trusted ❤❤❤
It is the triangle love between Maldives, India and China! If India celebrates so much about Chinese debt trap, India should rescue these "foolish" Maldives from it as a good neighbour.
We are fed up being good neighbour..
@@mehai5541 yeah after getting backstab and ungrateful neighbour we are done being nice guy...
Clearly not from the maldivian side. 😂 Obsessive lovers one might call
The beggedt trap is the imf
"China's assistance is SELFLESS". Sure. Why not🤣
❤India should not warm up with a rouge state ❤
People of south india always love visiting Maldives - yhe land of gems 😂😂😂. People of south india 💕😘 loves Maldives 🎉🎉🎉
Only Molla madarchap of South India love maldives
Not if you are a Modi lover
India OUT, Debt IN.
Wow😅
No problem Maldives don't listen to IMF just follow pak.......😂😂😂😂
Even Chinese Russians other nationals are not interested in maldives anymore 😂
BSE(NSE) has announced that they were adding Maldives under foreign investors list (FII)
No more special tax benefits for maldives (foreign )investors anymore 😂😂😂
May the Maldives Arrogants Continue to Learn Lession by themself with out any Pressure quickly .
Probably going to his Swiss account.
Pakistan to Maldives: sudhar ja Abhi bhi time hai
Palki feeing sad, cause India don’t have money to borrow to them.
India gave $4 billion to sri lanka which is almost 80% of Maldives economy 😂😂😂 beggars can't be choosers 😂😂😂
What India borrow ?? Palki is not running for office have u lost ur mind Pakistani..
INDIAN businessmen can buy Maldives 100 times.😂
4billion not even enough for indian street beggars. Who care of India money, even India neighbour dislike India, go dream with your fake media news. Don’t always bs how powerful is poor India, little potato with huge population with 75% of iq watching ffake news
@@martin96991 india business man control 80% of India economy which is corrupt by Modick, and the poorer indian like pariah dahli getting poor
India should stop looking what Maldives is doing.. India should focus on it's Economy...let him bark
Next sri Lanka 😊
India should help african and south asian countries to be profitable. They will support india.
Good, what about USA, the world's most indebted nation at almost 34 Trillion Dollars
Ab aaya Mazza?
Boycott Maldives.
One thing that IMF never complains about is the excessive lending of western institution lenders to poor countries like Sri Lanka at high interest rate, they never tried to rein in this type of shorter term and predatory lending, typically in the case of Sir Lanka the institution lenders like Black Rock provide credit at 5.6% per annum which is about twice as high as most of Chinese lenders and often unwilling to negotiate credit term when the poor countries faces debt repayment problems. IMF is basically controlled by the US and Black Rock is a major doner to US political parties,, it is very easy to see the links.
Chinese propoganda machine at work with falsehood and fake narratives? Check your facts?
Sri Lanka owes China equivalent to 11% of its GDP more or less the same as Japan and much more to IMF's other affiliated institutions. Time to put the record straight.
No country should play victim card. If they can't run the country then should allow others to handle their country or have their citizens suffer. My 2cents 🙏.
India should have made Maldives a province, end of,period, if India does not own it, China will
RIP Maldives.
Indians should give back MALDIVES OUT. Before he thought of becoming president he should have taken some time what to talk.
China is selfless?!😂😂😂
hmmm...it is a very simple math...
please go compare the imf, wb, and other countries interest rates to the interest rate of china, then you will know who is setting up a debt trap... also for the last 50+ years who has been providing loans to developing countries, where the developing countries still have not pay off their debt, was it china or ...?!
IMF warning about debt traps? Is there no irony anymore?
IMF loans aren't secret and don't come with bribes to be accepted
this will be censored as google doesn't like when we complain of corruption
@@schloops8473 _"IMF loans aren't secret and don't come with bribes to be accepted"_
Really now??? Look how blind you are, not bribes but you basically handed it over your entire nation to them as explained by western independent media.
czcams.com/video/qxjkquu_jOo/video.htmlsi=VbSNNago3grq3ze1
40% is to high, it should be 0%
As long as there are lenders, debt does not matter - Pakistan.
Also a life for a Indian in America is a lot better for that's individual then if they lived in China cast system which has more more rules and laws sum fun facts
Yeah IMF is the most caring in the world 🤣🤣🤣
Imf warning or not. SL and BD also received similar warnings. But they are determined to be convinced other wise. Same countries are eager to prove their "brotherhood" with India when in trouble and when that happens is the moment when India needs to act. Act is a purely business manner which involves a lot of "transactional" approach. These so called "brothers" only understand transaction, carrot and stick aproach.
He's really clever.
First abuse India, to appease chinese and take money from then.
Now pose as if he is on Indian side, extract as much as possible for naive India
They kick you out but take your money. Who is the fool here?
Indians. 😊
May be allah gives the debt money to the Maldives
Are you against Maldives???
@@riyeshgurjar3716 - against their current leaders mindset and their cheap tricks on Hindustan
Maldives born to be in Chinese debt trap 😂
China never does anything selflessly. Why do all these countries borrow and borrow.... knowing fully well that they cannot pay it. and particularly in the Maldives where they are heavily reliant on tourism. It is sad. It is a beautiful destination and draws in high end tourists... Hope they can get themselves out of this pit.
‘India Out’, Boycott Maldives 🇲🇻