Maldives opens new terminal to boost tourism

Maldives inaugurates a new airport terminal, aiming to boost tourism and stabilize its debt-burdened economy. The terminal, described as a pillar of economic independence, is expected to significantly increase tourist arrivals, a key foreign exchange earner for the nation. International financial institutions also view it as a potential game-changer for economic growth. The project, costing $585 million, faced delays and cost overruns, with critics attributing the nation's debt to past project terminations. Despite political differences, there's a consensus on the terminal's economic importance.