Maldives is currently experiencing a severe fiscal and balance-of-payments imbalance. In the absence of any adjustment, the fiscal deficit is expected to reach nearly 33 percent of Gross Domestic Product (GDP) by the end of this year. With external financing sources limited by the ongoing global crisis, over 20 percent of this deficit is being monetized. The current account deficit is also expected to reach nearly 30 percent of GDP this year and...
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INFORMACIÓN
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2009/09/01
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Documento de trabajo
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51808
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1
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1
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2010/07/01
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Disclosed
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Maldives economic update
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consumer price inflation