Maldives national debt to GDP ratio to increase 115 percent: World Bank

World Bank forecasts Maldives' national debt to Gross Domestic Product (GDP) ration to increase by 115 percent.

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Mohamed Rehan

2023-10-03 18:27:37

World Bank forecasts Maldives' national debt to Gross Domestic Product (GDP) ration to increase by 115 percent.

The bank said that though Maldives economy was expected to grow by 8.2 percent in 2023, the actual economic growth will cap at 6.5 percent in the current year.

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