Malta: Staff Report for the 2001 Article IV Consultation

International Monetary Fund

No 2001/128, IMF Staff Country Reports from International Monetary Fund

Abstract: Malta showed good economic performance in the past years, reflecting its strengthened policy, and a benign external environment. Executive Directors appreciated the fiscal consolidation and structural reforms, and noted that the country remained vulnerable to investment shocks and short-term capital flows. They emphasized that steps should be taken to secure fiscal deficit reduction in the short- and medium-terms, and also to strengthen the financial system, exchange rate regime, and monetary policy. They agreed that the country's database is adequate for surveillance, but requires further strengthening.

Keywords: ISCR; CR; Malta; deficit; monetary policy; broad money; interest rate; current account; private sector employment; U.S. dollar; central bank; Malta's openness; IMF's assessment; Malta well; Government debt management; Current account balance; Budget planning and preparation (search for similar items in EconPapers)
Pages: 42
Date: 2001-08-03
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