Maldives : 2005 Article IV Consultation-Public Information Notice; Staff Report; and Statement by the Executive Director for Maldives
Electronic Access:
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Summary:
The Maldives suffered devastating damage from the December 2004 tsunami. Although human casualties were limited, damage to infrastructure was extensive, with the cost of reconstruction estimated at nearly a half of GDP. Tourism declined by a third and the economy contracted in 2005. Fiscal management has deteriorated and foreign reserves declined from 3½ months of imports a year ago to 2½ months.
Series:
Country Report No. 19/281
Subject:
Balance of payments Development Economic indicators International reserves Monetary authorities
English
Publication Date:
September 3, 2019
ISBN/ISSN:
9781513512457/1934-7685
Stock No:
1MDVEA2019006
Format:
Paper
Pages:
54
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