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dc.contributor.authorEcon Team
dc.date.accessioned2025-04-10T03:56:36Z
dc.date.available2025-04-10T03:56:36Z
dc.date.issued2024-12-05
dc.identifier.urihttps://archive.veriteresearch.org/handle/456/7336
dc.descriptionThis IKR entry contains one infographic in English. This infographic has been published on the PFP website under the title 'Maldives’ reserves continue to dip' and can be accessed at the link below.en_US
dc.description.abstractThe external reserves of the Maldives have been on a declining trend since June 2020. At that time, the gross reserves held by the Maldives Monetary Authority amounted to USD 702.5 million, sufficient to finance 5.2 months of imports. However, by September 2024, the reserves had fallen to USD 371.2 million, covering only 1.1 months of imports. This situation mirrors what happened in Sri Lanka, which faced its worst economic crisis after its usable external reserves plummeted from USD 6,695 million (6.4 months of imports) in June 2020 to USD 308 million (0.18 months of imports) by April 2022.en_US
dc.language.isoenen_US
dc.publisherColombo: Verité Researchen_US
dc.relation.ispartofseriesPublic Finance Infographics;
dc.relation.urihttps://www.publicfinance.lk/en/topics/maldives-reserves-continue-to-dip-1733412543en_US
dc.subjectPublic finance - Maldivesen_US
dc.subjectPublic finance - Reservesen_US
dc.subjectEconomics - Public financeen_US
dc.subjectPublic finance - Import coveren_US
dc.titleMaldives Trend of Declining Reserves - Risks SL-Like Situation in the Next 2 Yearsen_US
dc.typeInfographicsen_US


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