Driven by a rebound in tourism, Maldives’ economy recovered sharply in 2021, and poverty is expected to return to pre-pandemic levels by 2023. In 2020, the outbreak of COVID-19 hit international travel and tourism severely and, thus, caused a 33.5 percent contraction in Maldives’ GDP. However,
following a successful nationwide government vaccination campaign, tourism has begun to recover strongly in the second half of 2021, with arrivals
reaching...
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DETAILS
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2022/04/30
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Report
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172596
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1
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2022/06/15
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Disclosed
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2022-06-15T00:00:00Z
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Maldives Development Update : Navigating Choppy Seas
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Citation
World Bank.
Maldives Development Update : Navigating Choppy Seas (English). Maldives Development Update Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099240106152215221