GDP fell 5.5% in March
MIMihaaru – 14 days ago
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Maldives' GDP decreased by 5.5% in March compared to the previous month, according to the National Bureau of Statistics. The GDP in March was MVR 9.1 billion. Tourist arrivals to the Maldives have significantly declined since March due to the conflict in the Middle East. Tourism sector growth has fallen by 21%, and the transport and communication sectors have also seen a decline in productivity.