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Download or read book Maldives - Country Economic Update written by and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Weltbank
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (931 download)
Download or read book Maldives - Country Economic Update written by Weltbank and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The people of the Maldives have made substantial progress over the past two decades, as reflected in rising incomes and improving social indicators. This report provides an update on this progress, with an integrative analysis of the Maldivian economy, including recent economic developments, macroeconomic policies, and prospects for growth and poverty reduction. In seeking to become an upper middle income country, the Government of Maldives (GoM) will need to address several key development issues while managing the associated fiscal impacts, which is a core theme of the report. These issues include mitigating vulnerability, fostering private sector led growth, strengthening land management and housing finance, developing focus islands to lower the marginal cost of service provision, and improving fiscal systems.
Download or read book Maldives Economic Update written by and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Country Economic Forecast written by and published by . This book was released on 19?? with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : World Bank Group
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (134 download)
Download or read book Maldives Development Update written by World Bank Group and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Driven by a rebound in tourism, Maldives' economy recovered sharply in 2021, and poverty is expected to return to pre-pandemic levels by 2023. In 2020, the outbreak of COVID-19 hit international travel and tourism severely and, thus, caused a 33.5 percent contraction in Maldives' GDP. However,following a successful nationwide government vaccination campaign, tourism has begun to recover strongly in the second half of 2021, with arrivalsreaching 1.3 million in 2021 or about 78 percent of prepandemic levels. As a result, GDP growth is estimated to have bounced back by 31 percent in 2021. All sectors, except for construction which remains sluggish, showed a significant rebound, particularly in the second quarter of 2021 due to the low base effect. The poverty rate, which rose sharply to 11 percent in 2020 due to the COVID-19 pandemic, is estimated to have fallen to 4 percent in 2021. External imbalances improved along with the economic recovery and rebound in tourism. While vulnerabilities remain, the fiscal and debtposition has likely improved in 2021 due to strong revenue growth. Although the economy is expected to grow strongly in the medium-term, the ongoing Russia-Ukraine war could impact Maldives' tourism recovery and growth in the near term. The impact of the Russia-Ukraine war will depend on the period of interruption and whether tourists from other countries can compensate for the loss.
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264816917
Total Pages : 221 pages
Book Rating : 4.2/5 (648 download)
Download or read book OECD Economic Outlook, Volume 2021 Issue 1 written by OECD and published by OECD Publishing. This book was released on 2021-05-31 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Economic Outlook, Volume 2021 Issue 1, highlights the improved prospects for the global economy due to vaccinations and stronger policy support, but also points to uneven progress across countries and key risks and challenges in maintaining and strengthening the recovery.
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264655719
Total Pages : 225 pages
Book Rating : 4.2/5 (646 download)
Download or read book OECD Economic Outlook, Volume 2021 Issue 2 written by OECD and published by OECD Publishing. This book was released on 2021-12-01 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global recovery from the COVID-19 pandemic is uneven and becoming imbalanced. The OECD Economic Outlook, Volume 2021 Issue 2, highlights the continued benefits of vaccinations and strong policy support for the global economy, but also points to the risks and policy challenges arising from supply constraints and rising inflation pressures.
Author :
Publisher :
ISBN 13 :
Total Pages : 1046 pages
Book Rating : 4.2/5 (111 download)
Download or read book OECD Economic Outlook written by and published by . This book was released on 1974 with total page 1046 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 926457512X
Total Pages : 229 pages
Book Rating : 4.2/5 (645 download)
Download or read book OECD Economic Outlook, Volume 2019 Issue 2 written by OECD and published by OECD Publishing. This book was released on 2019-12-10 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances. Coverage is provided for all OECD member countries as well as for selected non-member countries.
Author : World Bank
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (112 download)
Download or read book Maldives Economic Update, September 2010 written by World Bank and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The rebound in tourism experienced since August 2009 seems to have been sustained, auguring well for a sizeable recovery this year from the slump of 2009. Despite having posted better-than-expected fiscal results in the first half of the year, the country will be hard-pressed to sustain this in the medium term. However, despite the challenges, the government remains steadfastly committed to fiscal consolidation. Monetary policy has been made more conducive to sustaining both domestic stability and external stability. Inflation pressures remain modest, with the introduction of non-monetary financing of the deficit. However, the country's turbulent political environment persists, complicating forecasts of future outcomes. The ambitious task of fiscal consolidation and the establishment of macro stability require much political bi-partisanship and cooperation.
Author : Weltbank
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (125 download)
Download or read book Maldives Economic Update, September 2010 written by Weltbank and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The rebound in tourism experienced since August 2009 seems to have been sustained, auguring well for a sizeable recovery this year from the slump of 2009. Despite having posted better-than-expected fiscal results in the first half of the year, the country will be hard-pressed to sustain this in the medium term. However, despite the challenges, the government remains steadfastly committed to fiscal consolidation. Monetary policy has been made more conducive to sustaining both domestic stability and external stability. Inflation pressures remain modest, with the introduction of non-monetary financing of the deficit. However, the country's turbulent political environment persists, complicating forecasts of future outcomes. The ambitious task of fiscal consolidation and the establishment of macro stability require much political bi-partisanship and cooperation.
Author : Weltbank
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (125 download)
Download or read book Maldives Economic Update, September 2011 written by Weltbank and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Tourism sector growth continues to be robust in 2011, consolidating the strong rebound in real Gross Domestic Product, or GDP growth in 2010. Real GDP growth is estimated to be 8.3 percent in 2011, down from 9.9 percent in 2010. Fast growing tourism receipts are supporting higher than expected government revenue outcomes. Recently introduced tax reforms, particularly the tourism goods and services tax, will put medium term fiscal sustainability on a firmer footing. Nevertheless, fiscal consolidation remains the policy priority for the authorities. Discussions with the International Monetary Fund or IMF on a program of support will resume this quarter. to see if agreement can be reached on measures that ensures medium-term fiscal and debt sustainability Domestic financing of the unsustainable fiscal deficit and rising international commodities prices continue to put pressure on the demand for foreign currency. Consequently, foreign reserves have resumed their downward trend after the boost from one-off privatization receipts. Uncertainty related to the recent devaluation of the Rufiyaa has subsided, but it is still trading at the upper end of the band and there remains an approximately 10 percent parallel market premium. The inflationary effects of the devaluation are now being felt with consumer price inflation rising to double digits in recent months.
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264319476
Total Pages : 230 pages
Book Rating : 4.2/5 (643 download)
Download or read book OECD Economic Outlook, Volume 2019 Issue 1 written by OECD and published by OECD Publishing. This book was released on 2019-05-21 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: This issue includes a general assessment, a special chapter on the effects of digitalisation on productivity and a chapter summarising developments and providing projections for each individual country.
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264700617
Total Pages : 336 pages
Book Rating : 4.2/5 (647 download)
Download or read book OECD Economic Outlook, Volume 2020 Issue 1 written by OECD and published by OECD Publishing. This book was released on 2020-06-10 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. This issue includes a general assessment of the macroeconomic situation, a series of notes on the macroeconomic and structural policy issues related to the COVID-19 outbreak and a chapter summarising developments and providing projections for each individual country.
Author : World Bank
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (112 download)
Download or read book Maldives Economic Update, September 2011 written by World Bank and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Tourism sector growth continues to be robust in 2011, consolidating the strong rebound in real Gross Domestic Product, or GDP growth in 2010. Real GDP growth is estimated to be 8.3 percent in 2011, down from 9.9 percent in 2010. Fast growing tourism receipts are supporting higher than expected government revenue outcomes. Recently introduced tax reforms, particularly the tourism goods and services tax, will put medium term fiscal sustainability on a firmer footing. Nevertheless, fiscal consolidation remains the policy priority for the authorities. Discussions with the International Monetary Fund or IMF on a program of support will resume this quarter. to see if agreement can be reached on measures that ensures medium-term fiscal and debt sustainability Domestic financing of the unsustainable fiscal deficit and rising international commodities prices continue to put pressure on the demand for foreign currency. Consequently, foreign reserves have resumed their downward trend after the boost from one-off privatization receipts. Uncertainty related to the recent devaluation of the Rufiyaa has subsided, but it is still trading at the upper end of the band and there remains an approximately 10 percent parallel market premium. The inflationary effects of the devaluation are now being felt with consumer price inflation rising to double digits in recent months.
Author : Asian Development Bank
Publisher : Asian Development Bank
ISBN 13 : 9292570455
Total Pages : 293 pages
Book Rating : 4.2/5 (925 download)
Download or read book Maldives written by Asian Development Bank and published by Asian Development Bank. This book was released on 2015-08-01 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Maldives has propelled itself to middle-income status despite its geographic constraints and the risks it faces as a small island economy. The economy has been growing in the last 5 years, but development challenges remain formidable. How can the Maldives sustain and improve the pace of its economic growth and reduce poverty and inequality? This report identifies the critical constraints to inclusive growth and discusses policy options to overcome such constraints.
Author : World Bank
Publisher : World Bank Publications
ISBN 13 : 1464816662
Total Pages : 339 pages
Book Rating : 4.4/5 (648 download)
Download or read book Global Economic Prospects, June 2021 written by World Bank and published by World Bank Publications. This book was released on 2021-08-03 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major risks around the path of the pandemic and the possibility of financial stress amid large debt loads. Policy makers face a difficult balancing act as they seek to nurture the recovery while safeguarding price stability and fiscal sustainability. A comprehensive set of policies will be required to promote a strong recovery that mitigates inequality and enhances environmental sustainability, ultimately putting economies on a path of green, resilient, and inclusive development. Prominent among the necessary policies are efforts to lower trade costs so that trade can once again become a robust engine of growth. This year marks the 30th anniversary of the Global Economic Prospects. The Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies.
