{
  "title": "Maldives: 2014 Article IV Consultation—Staff Report; Press Release; and Statement by the Executive Director for the Maldives",
  "publication": "IMF Staff Country Reports, March 11, 2015",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/maldives-2014-article-iv-consultation-staff-report-press-release-and-statement-by-the-42776",
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  "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.",
  "sections": [
    {
      "heading": "Growth and economic activity",
      "content": "- Growth is estimated to have reached 5 percent in 2014.\n- Stronger tourism activity was driven by a rapid expansion from Asian markets and a tepid recovery from Europe.\n- The IMF staff expects growth to be about 5 percent in 2015.\n- Growth is expected to remain relatively strong in the near term."
    },
    {
      "heading": "Inflation and external prices",
      "content": "- Weaker import prices have pushed down inflation to low levels."
    },
    {
      "heading": "Fiscal policy and impact on growth",
      "content": "- The fiscal adjustment envisaged in the 2015 Budget will have a mildly negative effect on growth."
    },
    {
      "heading": "Coverage and thematic focus",
      "content": "- Subjects covered include: Balance of payments, Current account deficits, Economic sectors, Expenditure, External debt, Public debt, Tourism.\n- Keywords cited: authority, CR, current account, Current account deficits, debt ratio, deficit, Europe, finance consideration, fuel inflation, Global, ISCR, Maldives' authorities, South Asia, Tourism.\n\nIMF Staff Country Report: Maldives: 2014 Article IV Consultation—Staff Report; Press Release; and Statement by the Executive Director for the Maldives (March 11, 2015).\n\n---\n\n Content in this bundle\n\n- cr1568\n  - cr1568 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr1568 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: March 11, 2015",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781498381611.002",
    "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.",
    "Weaker import prices have pushed down inflation to low levels.",
    "The fiscal adjustment envisaged in the 2015 Budget will have a mildly negative effect on growth.",
    "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.",
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