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dc.contributor.authorEcon Team
dc.date.accessioned2026-03-18T09:55:47Z
dc.date.available2026-03-18T09:55:47Z
dc.date.issued27/03/2025
dc.identifier.urihttps://archive.veriteresearch.org/handle/456/8036
dc.descriptionThis infographic was posted on the Public Finance Platform in English and can be accessed from the link below.
dc.description.abstractIn 2024, the Maldives is expected to spend 5.1% of its GDP on interest payments for government debt, up from 2.6% in 2021. In 2019, it was only 1.7% which is one-third of the current level. With increased borrowing to pay interest, public debt has soared to 123.7% by 2023 (up from 77.2% in 2019). The external financing conditions have also worsened with a credit rating downgrade by Fitch in August 2024.
dc.language.isoen
dc.publisherColombo: Verité Research
dc.relation.ispartofseriesPublic Finance Infographics
dc.relation.urihttps://www.publicfinance.lk/en/topics/maldivian-government-s-interest-costs-nearly-doubled-since-2021-1743077944
dc.subjectPublic finance - Maldives interest payments
dc.subjectPublic Finance - South Asia
dc.titleMaldives' Interest Burden Doubles in 3 years
dc.typeInfographics


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