Malta: Staff Report for the 2005 Article IV Consultation

October 24, 2005

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Malta: Staff Report for the 2005 Article IV Consultation, (USA: International Monetary Fund, 2005) accessed December 23, 2024

Summary

This 2005 Article IV Consultation highlights that Malta’s economic growth languished in 2004 for a fourth consecutive year. Slow growth reflected the weakness of, and increasing competition in, Malta’s export markets, as well as domestic factors. The slowdown had begun with shocks to the key sectors, and was reinforced by slow growth in Malta’s trading partners and by recent oil price rises. Although growth was weak, the fiscal balance was improved substantially in 2004, and parastatal reform gathered steam.

Subject: Banking, Exchange rates, Expenditure, Fiscal consolidation, Fiscal policy, Foreign exchange, Public debt, Revenue administration

Keywords: Asia and Pacific, Authorities' ERM-2 strategy, Authority, Central and Eastern Europe, CR, ERM-2, Europe, Exchange rates, Financial system, Fiscal consolidation, Growth, ISCR, Maltese authorities, Policy dialogue, Semi-conductors price, Summer tourism season

Publication Details

Pages:

61
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/381
Stock No:

1MLTEA2005001
ISBN:

9781451826616
ISSN:

1934-7685

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