Malta: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malta

Malta: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malta
READ MORE...
Volume/Issue: Volume 2024 Issue 033
Publication date: January 2024
ISBN: 9798400266539
$20.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
English
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Inflation , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , Business and Economics - Statistics , International - Economics , IMF staff calculation , government energy policy , SDDS preparation , lower-than-expected commodity price , anti-corruption framework , Energy prices , Inflation , External sector statistics , Global , Europe

Summary

Malta has experienced an impressive recovery from the pandemic and demonstrated resilience to shocks resulting from Russia’s invasion of Ukraine. With weaker growth in Europe and waning post-pandemic pent-up demand, staff expect growth to decelerate somewhat but continue to expand by 6¼ percent in 2023 and 5 percent in 2024, among the highest in Europe. Persistent inflationary pressures are expected, while concern has risen about growing capacity constraints. The financial system has demonstrated resilience to successive shocks.