In general, South Asia encompasses Sri Lanka, Pakistan, Afghanistan, Bangladesh, Nepal, India and Bhutan. In 2020, India had a GDP of over 2.6 trillion U.S. dollars, while Bangladesh and Sri Lanka followed. The Maldives and Bhutan were among the countries with the lowest GDP in the Asia-Pacific region. In South Asia, the main economic activities include the services sector as well as the industrial and manufacturing sectors.
In November 2022, Government of India in response to a request from the Government of Maldives, amid the economic challenges faced by the Maldives, handed over a financial assistance of US$ 100 million. This financial support is through subscription in Maldives' Government Domestic Treasury bonds by SBI, Male.
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