Q. Which country recently received a $50 million Government Treasury Bill from India to support its fiscal reforms and economic stability?
Answer: Maldives
Notes: Recently, India extended financial support to the Maldives by offering a $50 million Government Treasury Bill to help the island nation with fiscal reforms and economic stability. This move highlights India’s commitment under the ‘Neighbourhood First’ policy to support its close maritime neighbours. The Maldives holds strategic importance in India’s regional outreach and is a key partner in India’s maritime vision, called Vision ‘MAHASAGAR’ (Maritime Awareness for Holistic Action and Security through Active Geographical Engagement for Regional Stability). The support reflects not just economic assistance but a deeper strategic and diplomatic partnership between India and the Maldives.

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