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Maldives development update, April 2023 : navigating a tight line / World Bank Group.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Author/Creator:
- World Bank Group, author.
- Series:
- Economic updates and modeling
- Language:
- English
- Subjects (All):
- Debts, Public.
- Physical Description:
- 1 online resource.
- Other Title:
- Maldives Development Update, April 2023
- Place of Publication:
- Washington, District of Columbia : World Bank, 2023.
- Summary:
- The economy has recovered to pre-pandemic levels and, with rising tourist arrivals, is expected to maintain a strong growth and poverty reduction trajectory over the medium term. Commodity price volatility is driving inflation and exerting pressure on fiscal and external balances, through costlier imports and higher subsidies. Despite recent improvements, public debt is expected to remain high, warranting continued efforts to reduce fiscal deficits, including comprehensive subsidy reforms while mitigating impacts on the vulnerable.
- Notes:
- Description based on publisher supplied metadata and other sources.
- Publisher Number:
- 10.1596/39627
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