Maldives’ Economy Records Strong Recovery Amid Existing Weaknesses and Global Challenges
Published on: Tuesday 12 April 2022
MALE’, April 13, 2022 — Maldives’ economy, buoyed by a strong rebound in tourism, is projected to grow at 7.6 percent in 2022 and fully recover to pre-pandemic levels by 2023, but the country’s high debt levels are a major concern, says the World Bank in its twice-a-year regional update.