The Specter of Inflation
This article examines inflationary pressures in the Maldives, including the role of fiscal conditions, money supply and subsidies, and considers the implications for prices and household purchasing power.
This article examines inflationary pressures in the Maldives, including the role of fiscal conditions, money supply and subsidies, and considers the implications for prices and household purchasing power.
A reflection on how persistent fiscal deficits, rising expenditure, public debt and weaknesses in fiscal discipline brought the Maldives to its present fiscal difficulties.