Malta: 2012 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion

May 7, 2012

Preview Citation

Format: Chicago

Malta: 2012 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion, (USA: International Monetary Fund, 2012) accessed November 21, 2024

Summary

This Article IV Consultation reports that Malta’s economy continues to perform well amidst considerable turbulence in the euro area. While spillovers have remained contained to date, Malta’s large financial sector and highly open economy heighten contagion and financial stability risks. The government, which has a one-seat majority in Parliament, narrowly survived a vote of no confidence. The policy challenge is to maintain growth and employment while building buffers against a highly uncertain international environment.

Subject: Banking, Commercial banks, Economic sectors, External debt, Financial institutions, Financial sector, Public debt, Real interest rates, Revenue administration

Keywords: 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

Publication Details

Pages:

77
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/105
Stock No:

1MLTEA2012001
ISBN:

9781475503388
ISSN:

1934-7685

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