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Maldives - South Asia Country Briefs (الإنجليزية)

Construction has taken over tourism as the main driver ofgrowth since late 2014, the latter affected by a decline in tourist arrivals from Russia and China. The medium term fiscal plan is anchored by large multi-year public investment projects. Given the lag between infrastructure spending and its growth impact, public debt situation is expected to deteriorate in the medium-term—raising the risk of external debt distress to high. A more gradual fiscal...
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