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An MP reads through the budget 2023 booklet. (File Photo/Parliament)

IMF urges Maldives to take swift action to tackle debt, external shocks

IMF directors urged steadfast implementation of comprehensive reforms to reduce vulnerabilities and strengthen economic resilience.

21 December 2022

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He also reminded that every year when the debt budget is passed by the parliament, it has the power to pass the budget in whatever way it wants.

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Many traders said they were unlikely to see any further hike in prices this year.

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