Maldives: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for the Maldives
International Monetary Fund. Asia and Pacific Dept
Mar 2015 · International Monetary Fund
Ebook
73
Pages
About this ebook
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.
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