IMF highlights debt resolution as key to economic stability

The International Monetary Fund (IMF)'s Article IV report for 2022 highlights that one of the top priorities to stabilize the Maldives' economy is to address its debt crisis.

This is the first time since 2019 that the IMF has released its "Article IV" report. Last Saturday, the agency issued its 2021 and 2022 reports on the Maldives economy as well. The report had not been released earlier due to a lack of government approval. Therefore, the IMF reports have not been published since then. The general practice is to publish the article report at the end of the year.