Useable Reserves Drop to Lowest in 12 Months
Maldives' usable reserves fell by US$40 million to US$73 million, the lowest in 12 months, according to the Maldives Monetary Authority's economic update. Total reserves also fell by 21% to US$492 million. The decline follows the administration's decision to cut public spending to address fiscal deterioration.
Maldives' usable reserves fell by US$40 million to US$73 million, the lowest in 12 months, according to the Maldives Monetary Authority's economic update. Total reserves also fell by 21% to US$492 million. The decline follows the administration's decision to cut public spending to address fiscal deterioration.
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Maldives' usable reserves fell by US$40 million to US$73 million, the lowest in 12 months, according to the Maldives Monetary Authority's economic update. Total reserves also fell by 21% to US$492 million. The decline follows the administration's decision to cut public spending to address fiscal deterioration.
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Focus: Useable Reserves Drop to Lowest in 12 Months
Unique detail: Useable Reserves Drop to Lowest in 12 Months
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