Maldivian economic growth lags behind previous records

Maldives Monetary Authority (MMA) revealed that the rate of economic growth recorded in the first six months of 2019 was slower than figures recorded in the previous year.

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Maldives Monetary Authority (MMA) in the capital city of Male'. PHOTO: MIHAARU

Mariyam Malsa

2019-09-25 09:00:04

Maldives Monetary Authority (MMA) revealed that the rate of economic growth recorded in the first six months of 2019 was slower than figures recorded in the previous year.

As per the central bank's Quarterly Bulletin, Maldives experienced a growth rate of 3.1 percent in the first half of 2019 compared to 4.7 percent in the first six months of 2018.

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