Malta : 2007 Article IV Consultation: Staff Report and Public Information Notice on the Executive Board Discussion.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Contributor:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2007/305

IMF Staff Country Reports

Language:

English

Subjects (All):

International Monetary Fund--Malta.

International Monetary Fund.

Monetary policy--Malta.

Monetary policy.

Fiscal policy--Malta.

Fiscal policy.

Malta--Economic conditions.

Malta.

Malta--Economic policy.

Physical Description:

1 online resource (40 p.)

Edition:

1st ed.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2007.

Language Note:

English

Summary:

This 2007 Article IV Consultation highlights that Malta’s economic recovery is gaining traction, owing in large part to cyclical strength and some structural change. A public investment boom, financed largely by grants from the European Union, reignited growth in 2005. A modest recovery in exports and robust consumption growth, supported by rising employment and household borrowing, helped sustain the upswing in 2006. Although financial stability has continued to improve, the concentration of loan portfolios in real estate has continued to rise. Although nonperforming loans declined further, levels remain high and provisioning uneven.

Contents:

""Cover""; ""Contents""; ""Executive Summary""; ""I. Introduction""; ""II. Background""; ""III. Policy Discussions""; ""A. Bolstering Competitiveness""; ""B. Advancing Fiscal Adjustment""; ""C. Enhancing Financial Sector Stability""; ""IV. Staff Appraisal""; ""Tables""; ""1. Selected Economic Indicators, 2003�12""; ""2. Medium-Term Fiscal Projections, 2003�12""; ""3. Monetary Developments, 2003�07""; ""4. Summary Balance of Payments, 2003�12""; ""5. Indicators of External and Banking Sector Vulnerability, 2003�07""; ""6. Financial Soundness Indicators, 2004�06""

""7. Public Sector Debt Sustainability Framework, 2003�12""""Figures""; ""1. Economic Performance in a Regional Perspective""; ""2. Convergence Criteria, 2001�07""; ""3. Interest Rate and Monetary Developments""; ""4. Labor Productivity""; ""5. Public Sector""; ""6. Financial Sector and Real Estate""; ""Boxes""; ""1. Malta�s Deteriorating External Competitiveness""; ""Contents""; ""Appendixes""; ""I. Fund Relations""; ""II. Statistical Issues""

Notes:

Cover title.

"Under Article IV of the IMF's Articles of Agreement, the IMF holds bilateral discussions with members, usually every year"--Cover.

"September 2007"--Cover.

Description based on print version record.

ISBN:

9786613741776

9781455275250

1455275255

9781452789026

1452789029

9781280919596

1280919590

9781452708423

1452708428

OCLC:

535146872