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04 Sep 2018

Maldives: Economic Recovery Program

The Economic Recovery Program in Maldives aimed for the recovery and sustainable growth of the economy over the medium term by supporting structural reforms. It sought to create greater fiscal space in the government budget by diversifying the tax base and rationalizing expenditures, improving debt management, and privatizing state-owned enterprises. This evaluation assessed the program successful overall although the sustainability of some outcomes was considered less than likely. 

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