Publication:
Maldives Development Update, April 2023: Navigating a Tight Line

dc.contributor.authorWorld Bank
dc.date.accessioned2023-04-03T14:54:04Z
dc.date.available2023-04-03T14:54:04Z
dc.date.issued2023-04-04
dc.description.abstractThe 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.
dc.identifier.doi10.1596/39627
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/39627
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo/
dc.subjectECONOMIC OUTLOOK
dc.subjectINFLATION
dc.subjectPRIVATE SECTOR LENDING
dc.subjectFISCAL DEFICIT
dc.subjectPUBLIC DEBT
dc.titleMaldives Development Update, April 2023en
dc.title.subtitleNavigating a Tight Lineen
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleMaldives Development Update, April 2023: Navigating a Tight Line
okr.date.disclosure2023-04
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.language.supporteden
okr.region.administrativeSouth Asia
okr.region.countryMaldives
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.unitESAC1
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