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,...
The Maldivian economy slowed to just 1.9 percent growth in 2015, knocked by a slowdown in tourism arrivals and a number of booking cancellations following a...
A visiting IMF mission said today that the "unprecedented scale up in public infrastructure" - including the expansion of the international airport and construction of the...
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...
