Maldives : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Maldives
Electronic Access:
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Summary:
Growth has been strong and is projected to remain so in 2019 driven by tourism, commerce, and construction. Nonetheless, the Maldives remains highly vulnerable with reduced policy space due to large and growing public debt and rising pressures on external stability. The imbalances call for urgent action for maintaining stability. Going forward, the new administration’s main challenge is to manage fiscal and external imbalances given weak buffers and tightening global financial conditions, while large projects are ongoing.
Series:
Country Report No. 19/156
Subject:
Capital Credit Development External sector Monetary authorities
English
Publication Date:
June 10, 2019
ISBN/ISSN:
9781498318723/1934-7685
Stock No:
1MDVEA2019002
Format:
Paper
Pages:
71
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