The IMF and the EU have issued their reports on Malta
The International Monetary Fund has issued its report on Malta confirming that Malta is one of the"fastest-growing economies in Europe. Following an average growth of nearly 8 percent in 2014-15, output is estimated to have expanded by 4.1 percent in 2016, supported by strong domestic demand. Robust job creation drove unemployment to record lows, despite rising labor supply, while subdued wage pressures contributed to low inflation. The external position remains strong, with sizable exports of services keeping the current account in surplus.". For the full report click here
Additionally, the European Union has issued its 2017 European Semester Report on Malta, highlighting the the following factors:
- Economic activity has eased somewhat, but remains buoyant.
- Public finances have also improved.
- Overall, limited progress has been made in addressing the 2016 country-specific recommendations.
For the full report click here