Maldives

Maldives
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 67
Release: 2010-05-03
Genre: Business & Economics
ISBN: 1455207330
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This paper focuses on the Public Financial Management—Performance Report for the Maldives. In line with the Public Expenditure and Financial Accountability (PEFA) methodology, the assessment focuses on the fiscal performance during 2005–08, and the institutions and procedures that were in place during this period. The assessment indicates that budget credibility of Maldives is weak. When corrected for concessional, external financing, aggregate expenditure estimates are reasonably accurate. However, there are significant variations in the allocation of expenditures by ministry, and actual revenues fell well below estimates in each year except 2006.

An Enduring Partnership

An Enduring Partnership
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 468
Release: 2015-08-01
Genre: Business & Economics
ISBN: 9292570315
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The Asian Development Bank has partnered with the Government of the Maldives since 1978 to help in the country's development. The partnership has yielded substantial improvements in various sectors of the economy, with particular emphasis on tax administration; energy development; maritime transport; regional development; micro, small, and medium-sized enterprise development; and economic policy and public financial management, among others. As the country continues to make impressive gains in attaining its economic and social goals, the Asian Development Bank stands ready to work together with the Maldives to help fulfill its development objectives.