Finance Minister Ibrahim Ameer stated he has full confidence Maldives will not default on its loans. 
In an appearance on RaajjeTV on Monday night, Ameer dismissed speculation regarding the debt situation. 
“The current talk is discourse aimed at taking the shine off our work,” he said. 
Ameer said that as the state seeks investors, all investors base their decisions on the effectiveness of state’s financial policies. 
“Investors will look at how the Maldivian economy is performing, our debt situation, our deficit. They will look at all this before deciding to invest in Maldives,” he said. 
Ameer said that if Maldives goes into sovereign default, the state will need to find a way to pay back its debt by exploring income sources. 
“If we face a default, we will need to make the repayment somehow with the income generated by the state. Maldives has never faced something like that in its long history. We regularly service our debt,” he said. 
Ameer, when presenting the state budget for 2021 back in November last year, defended the government’s financial policies. He said that while it is undeniable that Maldives faces mounting debt and other economic obstacles, the challenges aren't unique to Maldives, and isn’t resulting from an issue with the government’s policies.