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ARTICLE · 25 JANUARY 2016

IMF Projects Strong Outlook For Malta's Economy

Finance Malta
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The International Monetary Fund (IMF) projects a strong outlook for the Maltese economy, with economic growth expected to remain solid in 2016 and 2017.

MaltaGovernment, Public Sector
Finance Malta
Finance Malta
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The International Monetary Fund (IMF) projects a strong outlook for the Maltese economy, with economic growth expected to remain solid in 2016 and 2017. It also notes the robust economic growth that has been recorded by the country's economy, helped by policy initiatives and supported by vibrant domestic demand, large infrastructure projects, and a stable banking sector.

In its Staff Report for the 2015 Article IV Consultation, released on Wednesday 20th January 2016, the IMF remarked that growth in this year and the next will be initially driven by domestic demand and then by a gradual recovery of external demand. The Fund also expects the risks to this positive outlook to be balanced and the current account surplus expected to remain.

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