Publication: Maldives Development Update, April 2023: Navigating a Tight Line
dc.contributor.author | World Bank | |
dc.date.accessioned | 2023-04-03T14:54:04Z | |
dc.date.available | 2023-04-03T14:54:04Z | |
dc.date.issued | 2023-04-04 | |
dc.description.abstract | 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. | |
dc.identifier.doi | 10.1596/39627 | |
dc.identifier.uri | https://openknowledge.worldbank.org/handle/10986/39627 | |
dc.language.iso | en_US | |
dc.publisher | World Bank, Washington, DC | |
dc.rights | CC BY-NC 3.0 IGO | |
dc.rights.holder | World Bank | |
dc.rights.uri | https://creativecommons.org/licenses/by-nc/3.0/igo/ | |
dc.subject | ECONOMIC OUTLOOK | |
dc.subject | INFLATION | |
dc.subject | PRIVATE SECTOR LENDING | |
dc.subject | FISCAL DEFICIT | |
dc.subject | PUBLIC DEBT | |
dc.title | Maldives Development Update, April 2023 | en |
dc.title.subtitle | Navigating a Tight Line | en |
dc.type | Report | |
dspace.entity.type | Publication | |
okr.crossref.title | Maldives Development Update, April 2023: Navigating a Tight Line | |
okr.date.disclosure | 2023-04 | |
okr.doctype | Economic & Sector Work::Economic Updates and Modeling | |
okr.language.supported | en | |
okr.region.administrative | South Asia | |
okr.region.country | Maldives | |
okr.topic | Macroeconomics and Economic Growth::Economic Growth | |
okr.unit | ESAC1 |