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Item Maldives economic update : September 2011(World Bank, 2011-09) World Bank; ވޯރލްޑް ބޭންކްTourism sector growth continues to be robust in 2011, consolidating the strong rebound in real Gross Domestic Product, or GDP growth in 2010. Real GDP growth is estimated to be 8.3 percent in 2011, down from 9.9 percent in 2010. Fast growing tourism receipts are supporting higher than expected government revenue outcomes. Recently introduced tax reforms, particularly the tourism goods and services tax, will put medium term fiscal sustainability on a firmer footing. Nevertheless, fiscal consolidation remains the policy priority for the authorities. Discussions with the International Monetary Fund or IMF on a program of support will resume this quarter. to see if agreement can be reached on measures that ensures medium-term fiscal and debt sustainability Domestic financing of the unsustainable fiscal deficit and rising international commodities prices continue to put pressure on the demand for foreign currency. Consequently, foreign reserves have resumed their downward trend after the boost from one-off privatization receipts. Uncertainty related to the recent devaluation of the Rufiyaa has subsided, but it is still trading at the upper end of the band and there remains an approximately 10 percent parallel market premium. The inflationary effects of the devaluation are now being felt with consumer price inflation rising to double digits in recent months.Item Maldives economic update : September 2010(World Bank, 2010-09) World Bank; ވޯރލްޑް ބޭންކްThe rebound in tourism experienced since August 2009 seems to have been sustained, auguring well for a sizeable recovery this year from the slump of 2009. Despite having posted better-than-expected fiscal results in the first half of the year, the country will be hard-pressed to sustain this in the medium term. However, despite the challenges, the government remains steadfastly committed to fiscal consolidation. Monetary policy has been made more conducive to sustaining both domestic stability and external stability. Inflation pressures remain modest, with the introduction of non-monetary financing of the deficit. However, the country's turbulent political environment persists, complicating forecasts of future outcomes. The ambitious task of fiscal consolidation and the establishment of macro stability require much political bi-partisanship and cooperation.Item The national payment systems oversight framework for the Maldives Monetary Authority September 2019(World Bank, 2019-09-01) World Bank; ވޯލްޑު ބޭންކުA payment system is an arrangement which facilitates the transfer of funds between participants in the system and includes a set of payment instruments, regulations, rules, standards, procedures, infrastructure and institutions relating to clearing and settlement of funds. It therefore incorporates the methods for transmitting payment messages between members, the means to settle claims among members and agreed rules and procedures. Central bank’s/monetary authorities’ oversight of payment and settlement systems is consequently a core objective of its broad responsibility for monetary and financial stability. According to the BIS Core principles for Systematically Important Payment Systems (SIPS), “payment system oversight is a public policy activity principally intended to promote the safety and efficiency of payment systems and to reduce systemic risk’’. This role is significant because the efficient functioning of payment systems allows safe, secure and timely completion of financial transactions and therefore, makes a vital contribution to overall economic performance and financial stability. Oversight of payment systems complements the financial stability work of banking supervision but differs from bank supervision. Mobile payments have gained wider acceptance as an emerging payment method in both advanced and emerging economies. Their rapid diffusion and growth potential have been largely shaped by many factors, including increased deployments worldwide, mobile phone penetration, financial inclusion, and market demand for convenient, faster, and more economical means of payments. Regulatory authorities have been faced with oversight challenges in protecting mobile wallet consumers and the payment system. Such innovations have exposed grey areas in existing laws and regulations and have led to legal reforms and the need to strengthen risk controls in some jurisdictions. They also point to the need to assess and mitigate potential risks, particularly in jurisdictions where oversight arrangements are weak or supervisory capacity is limited.Item Maldives : poverty and inequality in the Maldives(World Bank, 2018-11) World Bank; ވޯލްޑު ބޭންކުItem Maldives : Male airport upgrading project(World Bank, 1995-12-28) World Bank; ވޯލްޑު ބޭންކުItem Debt management performance assessment (DeMPA) : Maldives(World Bank, 2019-03) World Bank; ވޯލްޑު ބޭންކުItem Poverty reduction, economics management, finance and private sector development, SAR : Maldives economic update(World Bank, 2011-09) World Bank; ވޯލްޑު ބޭންކުItem Maldives country snapshot(World Bank, 2014-10) World Bank; ވޯލްޑު ބޭންކުItem Poverty reduction and economic management unit South Asia region : Maldives country economics memorandum : policies for sustaining economics growth(World Bank, 1999-04-19) World Bank; ވޯލްޑު ބޭންކުItem FY 2018 Maldives country opiion survey report : public opinion research group .(World Bank, 2018-11) World Bank; ވޯލްޑު ބޭންކު