The Maldives has been downgraded to a “fragile state” by the IMF because of the tense political situation, the way business is regulated and how the...
The current administration's ambitious infrastructure scale-up "has the potential for transforming the economy but also carries risks given the country’s large fiscal and external imbalances," a...
The president's remarks come after the World Bank warned in its Global Economic Prospects report released last week that "rising debt levels" and "persistent political tensions"...
The Maldives was assigned a local and foreign currency issuer rating of B2, which is considered "speculative and subject to high credit risk." According to Moody's,...
High levels of public debt "driven by high and rising public spending" is the immediate macroeconomic challenge facing the Maldives, observed the World Bank's South Asia...
