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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.
Sources1carried itMR1 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…
… 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…
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Figures in these reports
as written, with the sentence they come from
5.2 percentprojected GDP growth in 2024Maldives Republicgrowth 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 FebruaryMaldivesMaldives RepublicThe 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