Maldives: 2014 Article IV Consultation—Staff Report; Press Release; and Statement by the Executive Director for the Maldives
IMF Staff Country Reports, March 11, 2015
Source details
- Canonical URL
- Maldives: 2014 Article IV Consultation—Staff Report; Press Release; and Statement by the Executive Director for the Maldives
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Bibliographic details
- Published: March 11, 2015
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781498381611.002
Growth and economic activity
- Growth is estimated to have reached 5 percent in 2014.
- Stronger tourism activity was 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.
- Growth is expected to remain relatively strong in the near term.
Inflation and external prices
- Weaker import prices have pushed down inflation to low levels.
Fiscal policy and impact on growth
- The fiscal adjustment envisaged in the 2015 Budget will have a mildly negative effect on growth.
Coverage and thematic focus
- Subjects covered include: Balance of payments, Current account deficits, Economic sectors, Expenditure, External debt, Public debt, Tourism.
- Keywords cited: authority, CR, current account, Current account deficits, debt ratio, deficit, Europe, finance consideration, fuel inflation, Global, ISCR, Maldives' authorities, South Asia, Tourism.
IMF Staff Country Report: Maldives: 2014 Article IV Consultation—Staff Report; Press Release; and Statement by the Executive Director for the Maldives (March 11, 2015).