Tourism Can’t Save Maldives from Debt Trap Without Fiscal Reform, Says World Bank
Published on: Nov. 3, 2025, 10:04 a.m. | Source: Devdiscourse
The World Bank’s Maldives Development Update (October 2025) warns that the nation faces acute fiscal and external vulnerabilities, with soaring debt, dwindling reserves, and rising inflation threatening stability. It urges urgent fiscal reforms and a credible financing plan to prevent a looming debt and liquidity crisis.
