Maldives : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Maldives.

This 2017 Article IV Consultation highlights that Maldives' economy grew by 3.9 percent in 2016 and continues to improve in 2017 on a recovery in tourism and a continued strength in construction. The fiscal deficit widened in 2016 driven by lower-than-expected revenue and large arrears clearanc...

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Korporativní autor: International Monetary Fund. Asia and Pacific Dept
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2017.
Edice:IMF Staff Country Reports; Country Report ; No. 2017/357
On-line přístup:Full text available on IMF
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Shrnutí:This 2017 Article IV Consultation highlights that Maldives' economy grew by 3.9 percent in 2016 and continues to improve in 2017 on a recovery in tourism and a continued strength in construction. The fiscal deficit widened in 2016 driven by lower-than-expected revenue and large arrears clearance despite unchanged current spending. Public debt as a share of GDP rose nearly 11.5 percentage points from 2014-16. The outlook is for a strengthening recovery in the near term, with low inflation, loose financial conditions, but with significant downside risks from a fragile fiscal and external position. Growth is projected to recover in 2017 and stabilize over the medium term.
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Fyzický popis:1 online resource (88 pages)
Médium:Mode of access: Internet
ISSN:1934-7685
Přístup:Electronic access restricted to authorized BRAC University faculty, staff and students