The instruments were described as "quick disbursing sources."
The finance minister announced plans to publish monthly income and spending data.
The package will improve the efficiency of public services and finances, says the World Bank.
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...
In a statement the global institution said survey staff had been posing questions “beyond the scope” of a data gathering exercise about how people save, borrow,...
The employment share of Maldivians in the booming tourism and construction industries - the main drivers of economic growth - is relatively low as both sectors...
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"...
Tax receipts fell 19.9 percent below forecasts in April, the Maldives Inland Revenue Authority has said. Some MVR887.3million (US$57.5million) was collected last month.
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...
Why a government plan to levy a three percent tax on migrant worker remittances has drawn concern among human rights advocates.
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...
The environment ministry yesterday launched a US$4.2 million Climate Change Adaptation Project to establish eco-tourism facilities to manage protected mangroves and coral reefs in Fuvahmulah and...
