♦ India has extended crucial financial support to the Maldives through the rollover of the USD 50 million Treasury Bill for one more year.

♦ At the request of the Maldivian government, the State Bank of India (SBI) has subscribed, for one more year, a USD 50 million Government Treasury Bill issued by the Ministry of Finance of Maldives.

♦ Since March 2019, the Indian government has been facilitating subscription of several such Treasury Bills by the SBI and rolling them over, annually, interest-free to the Government of Maldives.