Economic Outlook for Maldives
This report highlights the macroeconomic situation in 2017 and economic outlook for the medium-term. This report will look into the global and Maldivian economic prospects. The macroeconomic prospects for Maldives include the gross domestic product (GDP), inflation and the balance of payments of the economy.
Fiscal condition and outlook
Budget 2018 aims to build the nation, alleviate the socio-economic issues faced by the people, modernize and enhance the services provided by the government and to facilitate rising economic growth and investment in infrastructure development projects that would be most beneficial to the economy and the nation. The budget has been formulated with the view of rationalizing government expenditure and molding the fiscal system towards a balanced budget in the medium term.
Public Sector Investment Program
The Public Sector Investment Program (PSIP) comprise of the infrastructure development projects and their implementation plans. The PSIP projects are aimed at mitigating the socio-economic issues faced by citizens, islands and the economy as a whole and increasing economic opportunity. The desired outcome of these projects are to pave the way to increase national productivity and facilitate economic and social development.