Maldives gets second Fitch downgrade of the year

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Maldives gets second Fitch downgrade of the year

maldives_adobe_575px_6Nov20
Jan Christopher Becke/eyetronic - stock.adobe.com

The island nation of the Maldives received a fresh blow this week after Fitch Ratings downgraded the country by three notches to CCC due to external liquidity pressure and increasing debt burden.

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