The Maldives remains at a high risk of external and overall debt distress same as the previous Debt Sustainability Analysis (DSA) external gross financing needs have increased relative to the previous DSA due to: (i) high commodity prices, (ii) a more expansionary fiscal stance amid increases in capital project related spending, subsidies, and recurrent expenditures, and (iii) repayments and rollovers of non-concessional debt, mainly global sukuk...
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2024/03/31
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Board Report
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191099
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1
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2024/06/11
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Disclosed
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Maldives - Joint World Bank-IMF Debt Sustainability Analysis
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World Bank.
Maldives - Joint World Bank-IMF Debt Sustainability Analysis (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099061124161018982