Maldives Economic Update, September 2010

The rebound in tourism experienced since August 2009 seems to have been sustained, auguring well for a sizeable recovery this year from the slump of 2009. Despite having posted better-than-expected fiscal results in the first half of the year, the...

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Main Author:	World Bank
Format:	Report
Language:	English en_US
Published:	Washington, DC 2017
Subjects:	ACCESS TO FINANCIAL SERVICES ACCOUNTING AGRICULTURE ANNUAL GROWTH ASSETS AUCTION AUCTION SYSTEM AUCTIONS AVERAGE OIL PRICES BALANCE OF PAYMENTS BANK ACCOUNTS BANKING PROJECT BANKING SYSTEM BIDS BILLS CAPITAL FLOWS CAPITAL GRANTS CASH FLOWS COMMERCIAL BANKS COMMODITIES COMMODITY COMMODITY PRICE COMMODITY PRICES CONSUMER PRICE INDEX CONSUMER PRICE INFLATION CREDIT EXPANSION CREDIT GROWTH CREDIT OUTSTANDING CURRENCY CURRENCY PAYMENT CURRENT ACCOUNT CURRENT ACCOUNT BALANCE CURRENT ACCOUNT DEFICIT CURRENT ACCOUNT SURPLUS DECENTRALIZATION DEFICIT FINANCING DEPRECIATION DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DOMESTIC BANKING DOMESTIC BANKING SYSTEM DOMESTIC CREDIT DOMESTIC SAVINGS DUMPING EARNINGS ECONOMIC CRISIS ECONOMIC DEVELOPMENTS ECONOMIC GROWTH ECONOMIC OPPORTUNITIES ECONOMIC POLICY EMPLOYEE EMPLOYER ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL RISKS EXCESS LIQUIDITY EXCHANGE RATE EXCHANGE RATE PEG EXPENDITURE EXPENDITURES EXPORT GROWTH EXPORTS FINANCIAL CRISIS FINANCIAL FLOWS FINANCIAL MANAGEMENT FINANCIAL SERVICES FINANCING REQUIREMENT FISCAL CONSOLIDATION FISCAL DEFICIT FIXED INVESTMENT FORECASTS FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES FOREIGN FINANCING GDP GDP DEFLATOR GLOBAL CLIMATE GOVERNMENT FINANCE GOVERNMENT INVESTMENT GOVERNMENT POLICY GOVERNMENT REVENUES GOVERNMENT SECURITIES GROSS DOMESTIC PRODUCT GROSS NATIONAL SAVINGS GROWTH RATES HIGH-INCOME COUNTRIES HUMAN DEVELOPMENT IMBALANCES IMPORT IMPORT DUTIES IMPORT DUTY IMPORT GROWTH IMPORT PRICES IMPORTS INCOME INFLATION INTEREST RATE INTEREST RATES INTERNATIONAL MARKET INTERNATIONAL RESERVES INVESTMENT PROJECTS KEY RISK LIQUIDITY LOCAL CURRENCY LONG-TERM LOANS M1
Online Access:	http://documents.worldbank.org/curated/en/995921468300648621/Maldives-economic-update-September-2010 http://hdl.handle.net/10986/27773

id	okr-10986-27773
recordtype	oai_dc
spelling	okr-10986-277732021-04-23T14:04:44Z Maldives Economic Update, September 2010 World Bank ACCESS TO FINANCIAL SERVICES ACCOUNTING AGRICULTURE ANNUAL GROWTH ASSETS AUCTION AUCTION SYSTEM AUCTIONS AVERAGE OIL PRICES BALANCE OF PAYMENTS BANK ACCOUNTS BANKING PROJECT BANKING SYSTEM BIDS BILLS CAPITAL FLOWS CAPITAL GRANTS CASH FLOWS COMMERCIAL BANKS COMMODITIES COMMODITY COMMODITY PRICE COMMODITY PRICES CONSUMER PRICE INDEX CONSUMER PRICE INFLATION CREDIT EXPANSION CREDIT GROWTH CREDIT OUTSTANDING CURRENCY CURRENCY PAYMENT CURRENT ACCOUNT CURRENT ACCOUNT BALANCE CURRENT ACCOUNT DEFICIT CURRENT ACCOUNT SURPLUS DECENTRALIZATION DEFICIT FINANCING DEPRECIATION DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DOMESTIC BANKING DOMESTIC BANKING SYSTEM DOMESTIC CREDIT DOMESTIC SAVINGS DUMPING EARNINGS ECONOMIC CRISIS ECONOMIC DEVELOPMENTS ECONOMIC GROWTH ECONOMIC OPPORTUNITIES ECONOMIC POLICY EMPLOYEE EMPLOYER ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL RISKS EXCESS LIQUIDITY EXCHANGE RATE EXCHANGE RATE PEG EXPENDITURE EXPENDITURES EXPORT GROWTH EXPORTS FINANCIAL CRISIS FINANCIAL FLOWS FINANCIAL MANAGEMENT FINANCIAL SERVICES FINANCING REQUIREMENT FISCAL CONSOLIDATION FISCAL DEFICIT FIXED INVESTMENT FORECASTS FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES FOREIGN FINANCING GDP GDP DEFLATOR GLOBAL CLIMATE GOVERNMENT FINANCE GOVERNMENT INVESTMENT GOVERNMENT POLICY GOVERNMENT REVENUES GOVERNMENT SECURITIES GROSS DOMESTIC PRODUCT GROSS NATIONAL SAVINGS GROWTH RATES HIGH-INCOME COUNTRIES HUMAN DEVELOPMENT IMBALANCES IMPORT IMPORT DUTIES IMPORT DUTY IMPORT GROWTH IMPORT PRICES IMPORTS INCOME INFLATION INTEREST RATE INTEREST RATES INTERNATIONAL MARKET INTERNATIONAL RESERVES INVESTMENT PROJECTS KEY RISK LIQUIDITY LOCAL CURRENCY LONG-TERM LOANS M1 The rebound in tourism experienced since August 2009 seems to have been sustained, auguring well for a sizeable recovery this year from the slump of 2009. Despite having posted better-than-expected fiscal results in the first half of the year, the country will be hard-pressed to sustain this in the medium term. However, despite the challenges, the government remains steadfastly committed to fiscal consolidation. Monetary policy has been made more conducive to sustaining both domestic stability and external stability. Inflation pressures remain modest, with the introduction of non-monetary financing of the deficit. However, the country's turbulent political environment persists, complicating forecasts of future outcomes. The ambitious task of fiscal consolidation and the establishment of macro stability require much political bi-partisanship and cooperation. 2017-08-14T20:09:35Z 2017-08-14T20:09:35Z 2010-09 Report http://documents.worldbank.org/curated/en/995921468300648621/Maldives-economic-update-September-2010 http://hdl.handle.net/10986/27773 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work South Asia Maldives
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ACCESS TO FINANCIAL SERVICES ACCOUNTING AGRICULTURE ANNUAL GROWTH ASSETS AUCTION AUCTION SYSTEM AUCTIONS AVERAGE OIL PRICES BALANCE OF PAYMENTS BANK ACCOUNTS BANKING PROJECT BANKING SYSTEM BIDS BILLS CAPITAL FLOWS CAPITAL GRANTS CASH FLOWS COMMERCIAL BANKS COMMODITIES COMMODITY COMMODITY PRICE COMMODITY PRICES CONSUMER PRICE INDEX CONSUMER PRICE INFLATION CREDIT EXPANSION CREDIT GROWTH CREDIT OUTSTANDING CURRENCY CURRENCY PAYMENT CURRENT ACCOUNT CURRENT ACCOUNT BALANCE CURRENT ACCOUNT DEFICIT CURRENT ACCOUNT SURPLUS DECENTRALIZATION DEFICIT FINANCING DEPRECIATION DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DOMESTIC BANKING DOMESTIC BANKING SYSTEM DOMESTIC CREDIT DOMESTIC SAVINGS DUMPING EARNINGS ECONOMIC CRISIS ECONOMIC DEVELOPMENTS ECONOMIC GROWTH ECONOMIC OPPORTUNITIES ECONOMIC POLICY EMPLOYEE EMPLOYER ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL RISKS EXCESS LIQUIDITY EXCHANGE RATE EXCHANGE RATE PEG EXPENDITURE EXPENDITURES EXPORT GROWTH EXPORTS FINANCIAL CRISIS FINANCIAL FLOWS FINANCIAL MANAGEMENT FINANCIAL SERVICES FINANCING REQUIREMENT FISCAL CONSOLIDATION FISCAL DEFICIT FIXED INVESTMENT FORECASTS FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES FOREIGN FINANCING GDP GDP DEFLATOR GLOBAL CLIMATE GOVERNMENT FINANCE GOVERNMENT INVESTMENT GOVERNMENT POLICY GOVERNMENT REVENUES GOVERNMENT SECURITIES GROSS DOMESTIC PRODUCT GROSS NATIONAL SAVINGS GROWTH RATES HIGH-INCOME COUNTRIES HUMAN DEVELOPMENT IMBALANCES IMPORT IMPORT DUTIES IMPORT DUTY IMPORT GROWTH IMPORT PRICES IMPORTS INCOME INFLATION INTEREST RATE INTEREST RATES INTERNATIONAL MARKET INTERNATIONAL RESERVES INVESTMENT PROJECTS KEY RISK LIQUIDITY LOCAL CURRENCY LONG-TERM LOANS M1
spellingShingle	ACCESS TO FINANCIAL SERVICES ACCOUNTING AGRICULTURE ANNUAL GROWTH ASSETS AUCTION AUCTION SYSTEM AUCTIONS AVERAGE OIL PRICES BALANCE OF PAYMENTS BANK ACCOUNTS BANKING PROJECT BANKING SYSTEM BIDS BILLS CAPITAL FLOWS CAPITAL GRANTS CASH FLOWS COMMERCIAL BANKS COMMODITIES COMMODITY COMMODITY PRICE COMMODITY PRICES CONSUMER PRICE INDEX CONSUMER PRICE INFLATION CREDIT EXPANSION CREDIT GROWTH CREDIT OUTSTANDING CURRENCY CURRENCY PAYMENT CURRENT ACCOUNT CURRENT ACCOUNT BALANCE CURRENT ACCOUNT DEFICIT CURRENT ACCOUNT SURPLUS DECENTRALIZATION DEFICIT FINANCING DEPRECIATION DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DOMESTIC BANKING DOMESTIC BANKING SYSTEM DOMESTIC CREDIT DOMESTIC SAVINGS DUMPING EARNINGS ECONOMIC CRISIS ECONOMIC DEVELOPMENTS ECONOMIC GROWTH ECONOMIC OPPORTUNITIES ECONOMIC POLICY EMPLOYEE EMPLOYER ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL RISKS EXCESS LIQUIDITY EXCHANGE RATE EXCHANGE RATE PEG EXPENDITURE EXPENDITURES EXPORT GROWTH EXPORTS FINANCIAL CRISIS FINANCIAL FLOWS FINANCIAL MANAGEMENT FINANCIAL SERVICES FINANCING REQUIREMENT FISCAL CONSOLIDATION FISCAL DEFICIT FIXED INVESTMENT FORECASTS FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES FOREIGN FINANCING GDP GDP DEFLATOR GLOBAL CLIMATE GOVERNMENT FINANCE GOVERNMENT INVESTMENT GOVERNMENT POLICY GOVERNMENT REVENUES GOVERNMENT SECURITIES GROSS DOMESTIC PRODUCT GROSS NATIONAL SAVINGS GROWTH RATES HIGH-INCOME COUNTRIES HUMAN DEVELOPMENT IMBALANCES IMPORT IMPORT DUTIES IMPORT DUTY IMPORT GROWTH IMPORT PRICES IMPORTS INCOME INFLATION INTEREST RATE INTEREST RATES INTERNATIONAL MARKET INTERNATIONAL RESERVES INVESTMENT PROJECTS KEY RISK LIQUIDITY LOCAL CURRENCY LONG-TERM LOANS M1 World Bank Maldives Economic Update, September 2010
geographic_facet	South Asia Maldives
description	The rebound in tourism experienced since August 2009 seems to have been sustained, auguring well for a sizeable recovery this year from the slump of 2009. Despite having posted better-than-expected fiscal results in the first half of the year, the country will be hard-pressed to sustain this in the medium term. However, despite the challenges, the government remains steadfastly committed to fiscal consolidation. Monetary policy has been made more conducive to sustaining both domestic stability and external stability. Inflation pressures remain modest, with the introduction of non-monetary financing of the deficit. However, the country's turbulent political environment persists, complicating forecasts of future outcomes. The ambitious task of fiscal consolidation and the establishment of macro stability require much political bi-partisanship and cooperation.
format	Report
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Maldives Economic Update, September 2010
title_short	Maldives Economic Update, September 2010
title_full	Maldives Economic Update, September 2010
title_fullStr	Maldives Economic Update, September 2010
title_full_unstemmed	Maldives Economic Update, September 2010
title_sort	maldives economic update, september 2010
publisher	Washington, DC
publishDate	2017
url	http://documents.worldbank.org/curated/en/995921468300648621/Maldives-economic-update-September-2010 http://hdl.handle.net/10986/27773
_version_	1764465063833370624

Maldives Economic Update, September 2010

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