Maldives (Capital: Male)
India extends financial support to the Maldives through the rollover of $50 million in Treasury Bills (T-bills) for a year.
Political Features
- It is an island nation consisting of a group of Atolls (consisting of coral islands) in the Indian Ocean.
- It is the smallest Asian country, strategically located astride and along major sea lanes in the Indian Ocean.
- Located to the south-southwest of India, it is separated from India (Lakshadweep) by the Eight Degree Channel.
Geographical Features
- Climate: Tropical hot and humid; dry, northeast monsoon (November to March); rainy, southwest monsoon (June to August)
- Coral Reefs: Maldives has the world’s 7th largest coral reef system, making up about 3.14% of global reef area.
- There are no rivers or streams in the Maldives.
