Maldives : 2014 Article IV Consultation—Staff Report; Press Release; and Statement by the Executive Director for the Maldives

Author/Editor:

International Monetary Fund. Asia and Pacific Dept

Publication Date:

March 11, 2015

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2014 Article IV Consultation highlights that Maldives’ real economy has picked up. Growth is estimated to have reached 5 percent in 2014 with stronger tourism activity driven by a rapid expansion from Asian markets and a tepid recovery from Europe. The IMF staff expects growth to be about 5 percent in 2015. Weaker import prices have pushed down inflation to low levels. Growth is expected to remain relatively strong in the near term, though the fiscal adjustment envisaged in the 2015 Budget will have a mildly negative effect on growth.

Series:

Country Report No. 15/68

Subject:

English

Publication Date:

March 11, 2015

ISBN/ISSN:

9781498381611/1934-7685

Stock No:

1MDVEA2015001

Format:

Paper

Pages:

73

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