Maldives-Assessment Letter for the Asian Development Bank and the World Bank
November 24, 2009
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The global crisis has hit the Maldivian economy hard; combined with an unsustainable fiscal expansion, it has led to a large fiscal deficit and severe balance of payments pressures. The authorities are committed to a strong policy adjustment program, and have requested IMF financial support for their program.
Subject: Asian Development Bank, Assessment letters, Currency pegs, Economic growth, Fiscal policy, Maldives, Monetary policy, Relationships with Fund, World Bank
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Policy Papers
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