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Maldives Capable of Managing Economic, Fiscal Hurdles Without External Assistance: Economic Minister
Minister of Economic Development and Trade Mohamed Saeed said the Maldives can manage its economic and fiscal challenges without an IMF programme, blaming the previous administration for fiscal mismanagement and pledging a domestic reform programme. An IMF mission that recently visited the country reported rising fiscal and external vulnerabilities, projected 2024 growth at 5.2 percent, and noted debt of MVR 124 billion.
Sources1carried itMR1 of 19 news outlets we monitor
Figures3as 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
Maldives will not participate in any particular programme. It will not participate in any IMF programme. Maldives will do all that is needed to be done
The country’s economy is in good shape. The challenge has always been the administration’s financial situation. Bilateral relations should be maintained without causing great inconvenience to the people. We can make do without going for an…
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Figures in these reports
as written, with the sentence they come from
5.5 percenteconomic growth rateMaldives RepublicThe economy is growing at 5.5 percent and tourist arrivals are also increasing, as such the administration is confident that the economy will stabilise, he said.
Word for word from the report in Maldives Republic. Open the report
5.2 percentprojected 2024 growth (IMF)Maldives Republicgrowth in 2024 projected, according to the IMF, at 5.2 percent even as tourist arrivals are expected to rise, the mission had noted based on its recent observations.
Word for word from the report in Maldives Republic. Open the report
MVR 124 billionnational debtMaldives RepublicThe Maldives’ debt currently stands at MVR 124 billion; well beyond a 100 percent of the nation’s productivity.
Word for word from the report in Maldives Republic. Open the report
An IMF mission visited the Maldives and highlighted that fiscal and external vulnerabilities have increased, calling for urgent policy adjustments.recentlythe MaldivesMaldives RepublicAn IMF mission, which visited the Maldives recently, highlighted that fiscal and external vulnerabilities have increased and called on the administration to implement urgent policy adjustments.
Word for word from the report in Maldives Republic. Open the report
