“India is fully cognizant of our fiscal situation, and as one of our biggest development partners, will always be ready to ease our burden, find better alternatives and solutions to the challenges we face,” Muizzu told the BBC in an email interview ahead of his visit. Experts point out ...
While the International Monetary Fund (IMF) predicts a decline in global prices in the medium term, which could ease inflationary pressures, the transition period for these reforms is likely to present challenges for many households. The removal of blanket subsidies means that higher costs for fuel...
about a third of the population lives in the centrally located capital city of Male and almost a tenth in southern Addu City; the remainder of the populace is spread over the 200 or so populated islands of the archipelago Natural hazards tsunamis; low elevation of islands makes them sensitive...
IMF figures also show a 52% increase in the number of exporters and a 36% increase in the number of importing countries from 2003 data as shown in Fig. 1. While there are concerns relating to the reliability and comparability of these data, the figures point to a clear growth in trade ...
China has debt-trapped Maldives by USD 1.3 billion during Yameen's 5-year regime (which represents more than quarter of its GDP) and Chinese firms engaged in some 17 projects in Maldives. IMF predicts Maldivian debt to reach 121% of GDP by 2020. Maldives has also signed Free Trade Agreemen...