World Bank says inflation began to threaten South Asia. The most worrying situation happening in the Maldives, where the black market foreign currency grew.

The World Bank notes, the average inflation Second-quarter 2009 in Pakistan, Nepal, Bangladesh, Afghanistan, Sri Lanka, and Bhutan for 10.9 percent. Compared to Latin America and the Caribbean with an average inflation 2.9 percent, inflation in South Asia is very high.

“I asked them if they make the wrong policy? Because from the perspective of price stability, the most worrying situation happening in the Maldives,” said World Bank economist Eliana Cardoso.

He said the budget deficit in 2009 in the Maldives, tourism destination areas of the world, is projected to reach 33 percent. Maldives President Mohamed Nasheed explained that his country faced the worst crisis since the sharp decline in the number of tourists visiting and spending a very large. While Afghanistan considered successful macroeconomic maintain political control.

Cardoso added, shaken Nepal macroeconomic stability. He suggested tightening monetary policy in the Himalayan countries. In India, the swelling budget is to maintain a stable growth and sustainable.

New Delhi forecast inflation (April 2009-March 2010) reached 6.5 percent. Economists assess the Indian central bank was forced to raise its benchmark interest rate at the beginning of 2010. But the Indian government urged the central bank to keep interest rates as long as possible to anticipate a fragile recovery.