European Parliament Library

Malta :, 2009 Article IV Consultation: Staff Report; Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Malta

Malta’s financial sector has so far weathered the global turmoil relatively unscathed; the real economy has been decelerating since the last quarter of 2008. The staff report for Malta’s 2009 Article IV Consultation underlies economic developments and policies. The fiscal position deteriorated sharply in 2008, owing to one-offs and spending slippages. The current account deficit improved to 5½ percent of GDP. The immediate goal for fiscal policy should be to mitigate the negative spillovers on activity from the global crisis without compromising the already fragile public finances
Table Of Contents
Cover; Executive Summary; Contents; I. Context and Recent Developments; Figures; 1. Economic Indicators, 2004-2010; 2. Short-Term Indicators, 2006-2009; 3. Labor Market Indicators, 2000-2009; 4. Inflation, 2001-2009; Box; 1. Inflation; 5. Fiscal Sector, 2003-2014; 6. Financial Indicators, 2005-2009; 7. External Sector, 2000-2008; II. Outlook; III. Policy Discussions; A. Preserving Fiscal Sustainability In A Recession; B. Maintaining Financial Stability; 8. Financial Soundness Indicators, 2008; C. Fostering Malta's Competitiveness; 9. Cost Competitiveness Indicators, 2002-2008
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (56 p.)
Specific Material Designation
Form Of Item

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