World Bank projects inflation may rise up to 7.5 percent in 2024

World Bank has projected that inflation in the Maldives will rise to 7.5 percent in 2024.

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LOCAL MARKET AREA / BUSINESS / ROADHA PHOTO

Mariyath Mohamed

2024-05-11 13:08:12

World Bank has projected that inflation in the Maldives will rise to 7.5 percent in 2024.

The body cites planned subsidy reforms for the year, and their spillover effects, as the main cause for this increase.

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