COVID-19 will severely damage Maldives tourism sector

Subject

Impact of COVID-19 on the Maldives tourism sector.

Significance

The Maldivian government last week stopped issuing arrival visas as it responds to the threat of the COVID-19 pandemic. The Maldives is resource-poor and reliant on foreign exchange generated through tourism for its food and energy security.

Impacts

• The hit to the Maldivian economy will likely be further exacerbated by a global economic recession.
• A collapse of the public health system would threaten gains in political stability made over the last few years.
• The government will step up efforts to curb Islamist militant groups, who may try to capitalise on any political and social unrest.