Thu, 03 Apr 2025
|DHIVEHI
IMF recognises Maldives’ economic growth and reform efforts
12 Feb 2025
|
Photo: Stefani Reynolds
The International Monetary Fund (IMF) has acknowledged the Maldives' economic growth, projecting a 5 per cent increase in 2025, largely driven by tourism expansion and the Velana International Airport expansion project. Additionally, the IMF commended the Government’s economic reform efforts, including GST reforms, revenue-increasing measures, the halt on money printing, and the introduction of fiscal responsibility laws, while emphasising the importance of fully implementing budgetary reforms for long-term financial sustainability.
Popular News