Malta: 2012 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion
IMF Staff Country Reports, May 7, 2012
Source details
- Canonical URL
- Malta: 2012 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion
Other formats
Bibliographic details
- Published: May 7, 2012
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475503388.002
Economic performance and risks
- Malta’s economy "continues to perform well amidst considerable turbulence in the euro area."
- Spillovers from the euro area crisis "have remained contained to date."
- Malta’s large financial sector and highly open economy "heighten contagion and financial stability risks."
- Political context: "The government, which has a one-seat majority in Parliament, narrowly survived a vote of no confidence."
- Policy challenge identified: "maintain growth and employment while building buffers against a highly uncertain international environment."
Major themes and subjects covered
- Subjects listed: Banking, Commercial banks, Economic sectors, External debt, Financial institutions, Financial sector, Public debt, Real interest rates, Revenue administration
- Keywords provided: asset, Commercial banks, CR, debt, debt dynamics, deficit, euro area crisis, Europe, Financial sector, GDP deflator, Global, ISCR, Malta's resilience, net, net asset position, real GDP, sustainability analysis, trade balance