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IMF Cautions Maldives on Slowdown After Positive Post-Pandemic Growth, Urges Implementation of Proposed Fiscal Reforms

An IMF mission to the Maldives from 23 January to 6 February said post-pandemic growth has been strong but recently normalised, with 2024 growth projected at 5.2 percent, while fiscal and external vulnerabilities have increased. The IMF urged urgent policy adjustments and welcomed proposed reforms including subsidy reform, Aasandha healthcare reform, PSIP reprioritisation and SOE reforms.

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What are the key figures?

Sources 1carried it 1 of 19 news outlets we monitor
Figures1as written, with their sentences

One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.

Who said what

the reports' own quoted words, each once
  • The Velana airport terminal expansion and associated increase in hotel accommodation capacities is projected to boost growth potential. Nevertheless, uncertainty surrounding the outlook remains high and risks are tilted to the downside, ca…

    Piyaporn Sodsriwiboon Maldives Republic Open the report (Maldives Republic)

  • … Maldives remains at high risk of external and overall debt distress. Amid elevated fuel prices coupled with continued strong import demands, the current account deficit in 2024 is projected to remain large, albeit gradually narrowing ove…

    Piyaporn Sodsriwiboon Maldives Republic Open the report (Maldives Republic)

How the reporting differs

one source so far
Maldives RepublicNews outlet

IMF Cautions Maldives on Slowdown After Positive Post-Pandemic Growth, Urges Implementation of Proposed Fiscal Reforms

5.2 percent projected GDP growth in 2024

Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.

Figures in these reports

as written, with the sentence they come from
  • 5.2 percent projected GDP growth in 2024 Maldives Republic growth in 2024 projected at 5.2 percent even as tourist arrivals are expected to rise further

    Word for word from the report in Maldives Republic. Open the report

Other events named

no clear day, as worded
  • The IMF mission visited Maldives to discuss recent economic developments, the current outlook, and the country's policy priorities. between 23 January and 6 February Maldives Maldives Republic The IMF mission, which visited Maldives between 23 January and 6 February and was led by Piyaporn Sodsriwiboon

    Word for word from the report in Maldives Republic. Open the report

Subjects

sectors and approved topics, alphabetical

Named in these reports

alphabetical