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Library Maldives - Country Economic Update : Sustaining Robust Development

Maldives - Country Economic Update : Sustaining Robust Development

Maldives - Country Economic Update : Sustaining Robust Development

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Date of publication
July 2013
Resource Language
ISBN / Resource ID
oai:openknowledge.worldbank.org:10986/14516

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.

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