Maldives-Assessment Letter for the Asian Development Bank and the World Bank
Electronic Access:
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Summary:
The global crisis has hit the Maldivian economy hard; combined with an unsustainable fiscal expansion, it has led to a large fiscal deficit and severe balance of payments pressures. The authorities are committed to a strong policy adjustment program, and have requested IMF financial support for their program.
Series:
Policy Papers
Subject:
Asian Development Bank Assessment letters Currency pegs Economic growth Fiscal policy Maldives Monetary policy Relationships with Fund World Bank
English
Publication Date:
November 24, 2009
Format:
Paper
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