The Government of the Republic of the Maldives and the Government of the United States of America signed an agreement on the G-20 Debt Service Suspension Initiative (DSSI), to temporarily suspend debt-service payments owed to bilateral creditors.
On behalf of the Government of the Republic of Maldives, the agreement was signed by His Excellency Omar Abdul Razzak, High Commissioner of the Republic of Maldives to the Democratic Socialist Republic of Sri Lanka. On behalf of the Government of the United States of America, the agreement was signed by the Ambassador of the United States of America to the Republic of the Maldives, Her Excellency Alaina Teplitz.
The $100,000 debt relief agreement signed today will contribute directly to the Maldives’ ongoing economic recovery efforts and will improve debt transparency and debt management amidst the present economic challenges.
The signing ceremony was held on this Wednesday at the High Commission of the Republic of Maldives in Colombo, Sri Lanka. This was attended by the senior officials from the High Commission and the Embassy of the United States of America.
On behalf of the Government of the Republic of Maldives, the agreement was signed by His Excellency Omar Abdul Razzak, High Commissioner of the Republic of Maldives to the Democratic Socialist Republic of Sri Lanka. On behalf of the Government of the United States of America, the agreement was signed by the Ambassador of the United States of America to the Republic of the Maldives, Her Excellency Alaina Teplitz.
The $100,000 debt relief agreement signed today will contribute directly to the Maldives’ ongoing economic recovery efforts and will improve debt transparency and debt management amidst the present economic challenges.
Exceptional honor to sign for #Maldives #G20 Debt Service Suspension Initiative with #US govt. Highly appreciate and reiterate my esteemed colleague HE @USAmbSLM’s hope for international partners to readjust their resources to assist us overcome pandemic set-backs #TogetherWeCan https://t.co/whzFmSje8M
— OMAR (@OmarARazak) December 30, 2020
The signing ceremony was held on this Wednesday at the High Commission of the Republic of Maldives in Colombo, Sri Lanka. This was attended by the senior officials from the High Commission and the Embassy of the United States of America.
