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Maldives Records Lower Inflation Amid Rising State Revenue
Maldives Monetary Authority data show inflation easing from 5.6 percent in April 2025 to 2.9 percent in April 2026, while government revenue outpaced spending growth, lifting the fiscal balance to MVR 63.3 million. MMA forecasts tourist arrivals of 2.247 million by end-2026 and economic growth of 5.3 percent, though fish purchases declined.
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Figures in these reports
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MVR 29.9 billionGovernment revenue and grantsThe Standardgovernment revenue and grants reached MVR 29.9 billion by the end of April 2026, up from MVR 25.4 billion during the same period last year
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MVR 25.4 billionGovernment revenue and grants, previous yearThe Standardgovernment revenue and grants reached MVR 29.9 billion by the end of April 2026, up from MVR 25.4 billion during the same period last year
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MVR 22.7 billionGovernment spending, previous yearThe Standardgovernment spending also increased, rising from MVR 22.7 billion to MVR 23.5 billion
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MVR 63.3 millionFiscal balanceThe StandardThe fiscal balance improved from MVR 34.2 million in April 2025 to MVR 63.3 million during the corresponding period this year
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MVR 34.2 millionFiscal balance, previous yearThe StandardThe fiscal balance improved from MVR 34.2 million in April 2025 to MVR 63.3 million during the corresponding period this year
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2.9 percentAnnual inflation rateThe StandardThe annual inflation rate fell from 5.6 percent in April 2025 to 2.9 percent in April 2026, according to MMA statistics.
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5.6 percentAnnual inflation rate, previous yearThe StandardThe annual inflation rate fell from 5.6 percent in April 2025 to 2.9 percent in April 2026, according to MMA statistics.
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2.247 millionTourist arrivals forecastThe StandardMMA forecasts indicate that tourist arrivals could reach 2.247 million by the end of 2026, surpassing the 2.047 million visitors recorded in 2025.
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2.047 millionTourist arrivalsThe StandardMMA forecasts indicate that tourist arrivals could reach 2.247 million by the end of 2026, surpassing the 2.047 million visitors recorded in 2025.
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7.1 daysAverage visitor stay, forecastThe StandardThe central bank also projects that average visitor stays will increase from 6.9 days to 7.1 days this year
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6.9 daysAverage visitor stay, previousThe StandardThe central bank also projects that average visitor stays will increase from 6.9 days to 7.1 days this year
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5.3 percentEconomic growth forecastThe Standardthe Maldives’ economy is forecast to grow by 5.3 percent in 2026.
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5,841.1 metric tonnesFish purchasedThe StandardA total of 5,841.1 metric tonnes of fish were purchased during the reporting period, down from 6,506.8 metric tonnes recorded in April 2025.
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6,506.8 metric tonnesFish purchased, previous yearThe StandardA total of 5,841.1 metric tonnes of fish were purchased during the reporting period, down from 6,506.8 metric tonnes recorded in April 2025.
Word for word from the report in The Standard. Open the report