Maldives: 2014 Article IV Consultation—Staff Report; Press Release; and Statement by the Executive Director for the Maldives
Electronic Access:
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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. The IMF staff expects growth to be about 5 percent in 2015. Weaker import prices have pushed down inflation to low levels. Growth is expected to remain relatively strong in the near term, though the fiscal adjustment envisaged in the 2015 Budget will have a mildly negative effect on growth.
Series:
Country Report No. 2015/068
Subject:
Balance of payments Current account deficits Economic sectors Expenditure External debt Public debt Tourism
English
Publication Date:
March 11, 2015
ISBN/ISSN:
9781498381611/1934-7685
Stock No:
1MDVEA2015001
Pages:
73
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