European Parliament Library

Malta :, 2013 Article IV Consultation

This staff report on Malta’s Article IV Consultation highlights economic development and policies. Risks from the large international bank sector appear contained given limited balance-sheet exposure to the Maltese economy, though continued vigilance is warranted. Regulatory changes to increase loan loss provisions, and the funding of the deposit compensation scheme would help contain risks in the domestic banking sector. The main challenges for fiscal policy are to reverse the deterioration of public finances, and to strengthen the governance framework. Additional measures are needed to ensure that the fiscal deficit falls below 3 percent of GDP in 2013 and that public debt remains on a sustainable path
Table Of Contents
Cover; Contents; BOXES; 1. Malta's Competitiveness Developments; 2. Structure of the Banking Sector; 3. Performance of the Banking Sector; OUTLOOK AND RISKS; A. Staff's Views; POLICY DISCUSSIONS; A. Maintaining Financial Sector Stability; 4. The Conditions Required for Successful Operation of a Development Bank; B. Ensuring Fiscal Sustainability; 5. General Government Debt Decomposition; 6. Fiscal Governance Framework; C. Boosting Long Term Growth and Competitiveness; D. Statistical Issues; STAFF APPRAISAL; FIGURES; 1. Economic Indicators; 2. Short-Term Indicators; 3. Labor Market Indicators
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (85 p.)
Specific Material Designation
Form Of Item

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