New tax reforms set to empower Maldives' economy and reduce debt burden

As the World Bank continues to urge fiscal reform implementation, the Maldivian Government appears to be taking the first steps towards implementing some of the first reforms that were mentioned in the financial reform agenda.
Although the Maldives’ economy is forecasted to grow by 4.7 percent in 2024, the World Bank forecasts that the country faces potential risks due to external and fiscal vulnerabilities and...
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Maldives National Debt 94,001,001,001.00 MVR for every single Maldivian

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