Moody’s: Maldives’ credit profile balances healthy GDP growth with an anticipated ramp-up in debt
However, robust growth has been accompanied by budget and current account deficits, and a ramp-up in debt. Maldives’ small size, narrow economic diversification and low level of development also raise its vulnerability to natural disasters. Moody’s conclusions are contained in its just-released annual credit analysis titled “Government of Maldives – B2 stable” and which examines […]