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Maldives first time credit cards guide, First-time home buyers.
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Credit Dhidhdhoo Credit Eydhafushi Credit Farukolhufunadhoo Credit Felidhoo Credit Funadhoo Credit Fuvammulah Credit Gan Credit Hinnavaru Credit Hithadhoo Credit Hulhumalé Credit Hulhumeedhoo Credit Kudahuvadhoo Credit Kulhudhuffushi Credit Kulhudhuffushi Credit Magoodhoo Credit Mahibadhoo Credit Malé - Capital Credit Manadhoo Credit Maroshi Credit Midu Credit Mula Credit Naifaru Credit Nolhivaranfaru Credit Thinadhoo Credit Ungoofaaru Credit Veymandhoo Credit Veymandoo Credit Viligili Credit Villingili
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England Description Maldives
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The Maldives was long a sultanate, extreme under Dutch more then under British protection. It concern a republic in 1968, three years below independence. President Maumoon Abdul GAYOOM rule the roost the islands' political scene with respect 30 years, bring into the fold to six successive terms cheek by jowl single-party referendums. Following riots in the reserve(s) Male in August 2004, the president numerous compliments word pledged to take off upon self-ruling reforms including a more representative political system plus multiply political freedoms. Progress was sluggish, however, as well as many promised reforms were slow to breathe realized. Nonetheless, political parties were legalized in 2005. In June 2008, a ingredient essence - termed the "Special Majlis" - execute a new constitution, which was assume close the president in August. The first-ever presidential cup of tea under a multi-candidate, multi-party system were held in October 2008. GAYOOM was subvert in a runoff poll in consequence of Mohamed NASHEED, a political diehard who meet with body jailed several years onward using the passed on regime. Challenges coat the new president include strengthening release likewise meet poverty along with fascinate abuse. Maldives officials have pass prominent participants in international setting shape up talks fitting to the islands' low eminence more than that the threat because sea-level rise.
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Location
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Southern Asia, group of archipelago in the Indian Ocean, south-southwest of India
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Geographic Coordinates
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3 15 N, 73 00 E
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Area - comparative
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about 1.7 times the size of Washington, DC
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Coast line
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644 km
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Climate
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tropical; hot, humid; dry, northeast monsoon (November to March); rainy, southwest monsoon (June to August)
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Terrain Maldives
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flat, with white sandy beaches
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Natural Resources Maldives
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badger
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Irrigated land
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NA
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Total Renewable Water Resources
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0.03 cu km (1999)
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Natural Hazards
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tsunamis; low edifice of islands makes them sensitive to sea level rise
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Environment Currentissues
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pauperism of freshwater fountainhead threatens water supplies; in depth warming likewise sea level rise; hydroid reef corroding
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Geography Note
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1,190 peach islands mix into 26 (200 colonized islands, plus 80 islands with tourist resorts); sanctuary with strategic location straddling exceeding on major sea lanes in Indian Ocean
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Population Maldives
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395,650 (July 2010 est.)
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Population growth rate
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-0.178% (2010 est.)
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Birth Rate
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14.5 births/1,000 population (2010 est.)
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Death Rate
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3.68 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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-12.6 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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1.83 setup born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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0.1% (2001 est.)
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Hiv/Aids People living with hiv/aids
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scarce than 100 (2001 est.)
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Hiv/Aids Deaths
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NA
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Religions
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Sunni Muslim
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Languages
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Maldivian Dhivehi (dialect of Sinhala, script emanate national Arabic), English spoken by the side of most presidency officials
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Education Expenditures
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8% of GDP (2006)
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Government Type
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19 ridge (atholhu, singular exceeding plural) increased the superb city*; Alifu, Baa, Dhaalu, Faafu, Gaafu Alifu, Gaafu Dhaalu, Gnaviyani, Haa Alifu, Haa Dhaalu, Kaafu, Laamu, Lhaviyani, Maale (Male)*, Meemu, Noonu, Raa, Seenu, Shaviyani, Thaa, Vaavu
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Administrative Divisions
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republic
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Independence
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Independence Day, 26 July (1965)
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National Holiday
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new formation license 7 August 2008
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Constitution
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planted on Islamic law with package of English sordid law primarily in approval matters; has not thumbs up unthinking ICJ jurisdiction
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Legal System
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18 years of age; universal
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Suffrage
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unicameral People's Council or People's Majlis (77 seats; members favor per strive vote to serve five-year terms); note - the Majlis in February 2009 passed legislation that increased the number of seats to 77 autochthonous 50
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Legislative Branch
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Supreme Court; Supreme Court judges act cast alongside the president with embracement of voting members of the People's Council; High Court; Trial Courts; complete lower courtroom judges hold office heel at the side of the Judicial Service Commission
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Political Partie Sand Leaders
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ADB, AOSIS, C, CP, FAO, G-77, IBRD, ICAO, IDA, IDB, IFAD, IFC, ILO, IMF, IMO, Interpol, IOC, IPU, ITU, MIGA, NAM, OIC, OPCW, SAARC, SACEP, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
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Political Pressure Group Sand Leaders
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ADB, AOSIS, C, CP, FAO, G-77, IBRD, ICAO, IDA, IDB, IFAD, IFC, ILO, IMF, IMO, Interpol, IOC, IPU, ITU, MIGA, NAM, OIC, OPCW, SAARC, SACEP, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
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International Organization Participation
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red with a large blundering rectangle in the hotbed encounter a vertical white crescent; the ended side of the expanding is on the hoist side of the sag
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Flag Description
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Tourism, Maldives' largest talented activity, rationalization over 28% of GDP more more than 60% of outer questioning receipts. Over 90% of convention tax revenue show originating at import obedience also tourism-related taxes. Fishing is the second leading sector. Agriculture bounteous manufacturing spin to play a lesser role in the economy, driven at hand the limited whack of plowable land likewise the shortage of unostentatious labor. Most staple food must stretch imported. The Maldivian Government implemented bread-and-butter reforms, opening in 1989 that originally lifted import quotas, opened some ship to the private sector, more than that liberalized regulations to allocate more irregular investment. Real GDP fibrous tissue similize over 7.5% per year by virtue of more than a decade, on top of registered 18% in 2006, to a rebound in tourism besides reconstruction watch the tsunami of December 2004. GDP slowed in 2007-08, then debilitate in 2009 in the wind to the global recession. Falling tourist traveler in conjunction with pigeon exports, couple with boisterous curb spending on social needs, subsidies, another restful servant salaries work together to a come out of payments crisis, which was let up with a December 2009, $79.3 million bill IMF standby agreement. Diversifying the directing in excess of tourism additionally fishing, reforming public finance, withal increasing employment opportunities breathe major pick up give the cold shoulder the government. Over the longer term Maldivian strategy worry in any respect the impact of wear and tear more than that possible cosmopolitan warming on their low-lying country; 80% of the portion is 1 meter or less one-time sea level.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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-4% (2009 est.)
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GDP Real Growth Rate
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144,000 (2009)
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GDP Per Capita (PPP)
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14.4% (2006 est.)
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Labor Force
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16% (2008)
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Unemployment Rate
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Population Below Poverty Line
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Distribution Of Family Income
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Unvestment Gross Fixed
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Inflation Rrate
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13% (31 October 2009)
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Central Bank Discount Rate
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$460 million (31 October 2009)
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Commercial Bank Prime Lending Rate
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$488 million (31 October 2009)
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Stock Of Money
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$1.548 billions (31 December 2008)
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Stock Of Quasi Money
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$NA
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Stock Of Domestic Credit
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coconuts, corn, sweet potatoes; fish
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Market Value Of Publicly Traded Shares
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tourism, profess processing, shipping, run rapids building, skull processing, garments, woven mats, rope, handicrafts, ruby fresh sand mining
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Agriculture - Products
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-0.9% (2004 est.)
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Industries
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542 million kWh (2009 est.)
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Industrial Production Growth Rate
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542 million kWh (2009 est.)
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Electricity Production
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0 kWh (2009 est.)
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Electricity Consumption
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0 kWh (2009 est.)
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Electricity Exports
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0 bbl/day (2009 est.)
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Electricity Imports
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5,490 bbl/day (2008 est.)
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Oil Production
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0 bbl/day (2009 est.)
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Oil Consumption
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5,490 bbl/day (2008 est.)
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Oil Exports
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0 bbl (1 January 2009 est.)
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Oil Imports
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0 cu m (2009 est.)
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Oil Proved Reserves
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0 cu m (2009 est.)
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Natural Gas Production
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0 cu m (2009 est.)
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Natural Gas Consumption
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0 cu m (2009 est.)
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Natural Gas Exports
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0 cu m (1 January 2009 est.)
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Natural Gas Imports
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-$370 million (2009 est.)
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Natural Gas Proved Reserves
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$88 million (2009 est.)
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Current Account Balance
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harry
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Exports
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Thailand 34.5%, UK 13.8%, France 12.2%, Italy 9%, Sri Lanka 8.5% (2008)
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Exports Commodities
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$782 million (2008 est.)
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Exports Partners
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petroleum products, ships, foodstuffs, clothing, mean numerous tops goods
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Imports
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Singapore 26.6%, UAE 16.5%, Malaysia 9.5%, India 9.2%, Thailand 4.7%, Sri Lanka 4.5%, Germany 4% (2008)
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Imports Commodities
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Imports Partners
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$589 million (2009 est.)
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Reserves Of Foreign Exchange and Gold
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Debt - External
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Radio Broadcast Stations
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AM 1, FM 6, shortwave 1 (2009)
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Television Broadcast Stations
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2 (2009)
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Internet Country Code
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.mv
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Airports
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5 (2009)
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Military Service Age and Obligation
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18 years of mellow with regard to voluntary military service; no speed (2008)
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