Maldives-Assessment Letter for the Asian Development Bank and the World Bank

Volume/Issue: Volume 2009 Issue 091

Publication date:

ISBN:

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Economics- Macroeconomics , Public Finance , PP , financial support , GDP , deficit , IMF relation , deficit monetization , Maldivian economy , Fiscal consolidation , Government debt management , Fiscal stabilization , Global

Also of interest

Implementing Board-Endorsed Recommendations From The 2024 External Evaluation...

2018 Review of Program Design and Conditionality

Review of Implementation of IMF Commitments in Support of the 2030 Agenda for...

Development Committee: The Managing Director's Written Statement

Summary

The global crisis has hit the Maldivian economy hard; combined with an unsustainable fiscal expansion, it has led to a large fiscal deficit and severe balance of payments pressures. The authorities are committed to a strong policy adjustment program, and have requested IMF financial support for their program.