IMF Lauds Malta's Economic Performance

Malta's economic growth remains one of the strongest in Europe, owing to favorable economic conditions and sound policies, which advanced structural reforms and supported the strengthening of private and public balance sheets.

This was the main conclusion of the International Monetary Fund (IMF)'s Article IV Consultation with Malta for 2017.

In concluding the 2017 Article IV consultation with Malta, Executive Directors endorsed the staff's appraisal, noting that: "the Maltese economy remains on a strong growth trajectory. Rapid expansion of export-oriented services, improved balance sheets, and solid job creation contributed to a robust growth in 2017 and kept unemployment at historically-low levels, despite continued inflows of foreign workers.