{
  "title": "Malta: Selected Issues",
  "publication": "IMF Staff Country Reports, January 29, 2018",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2018/01/29/malta-selected-issues-45591",
  "canonical": "https://www.imf.org/en/publications/cr/issues/2018/01/29/malta-selected-issues-45591",
  "overlayPath": "/en/publications/cr/issues/2018/01/29/malta-selected-issues-45591/index.md",
  "summary": "This paper discusses infrastructure gaps vis-à-vis other EU countries that are most striking in road and energy networks, both in quality and quantity. This is reflected in an unparalleled gap in the approximated public capital stock.",
  "sections": [
    {
      "heading": "Infrastructure gaps",
      "content": "- Infrastructure shortfalls are most striking in road and energy networks, both in quality and quantity.\n- These gaps are reflected in an unparalleled gap in the approximated public capital stock."
    },
    {
      "heading": "Long-term GDP benefits from public investment",
      "content": "- Long-term GDP benefits from increasing public investment are estimated to be substantial, ranging between 5¼ and 18¼ percent in net present value over 30 years."
    },
    {
      "heading": "Actions by authorities",
      "content": "- Upgrading and diversifying the energy system.\n- Launching a comprehensive transport strategy.\n- These efforts are characterized as going in the right direction and should be implemented in a budget-neutral manner to support a further decline in the public debt-to-GDP ratio."
    },
    {
      "heading": "Fiscal position and policy recommendations",
      "content": "- Malta’s fiscal position has improved considerably in recent years, yet further buildup of fiscal buffers is needed against possible adverse macroeconomic conditions.\n- Recommended measures:\n  - Reallocating public spending from current to capital expenditure.\n  - Making public investment more efficient.\n- Objective: boost infrastructure while maintaining fiscal sustainability.\n\nSource: \"Malta: Selected Issues\", IMF Staff Country Reports 2018, 020.\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/cr/issues/2018/01/29/malta-selected-issues-45591/index.md)",
    "[Structured JSON version](/en/publications/cr/issues/2018/01/29/malta-selected-issues-45591/index.json)",
    "[Bundle manifest](/en/publications/cr/issues/2018/01/29/malta-selected-issues-45591/bundle-manifest.json)",
    "Published: January 29, 2018",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484339510.002",
    "These gaps are reflected in an unparalleled gap in the approximated public capital stock.",
    "Long-term GDP benefits from increasing public investment are estimated to be substantial, ranging between 5¼ and 18¼ percent in net present value over 30 years.",
    "Upgrading and diversifying the energy system.",
    "Launching a comprehensive transport strategy.",
    "These efforts are characterized as going in the right direction and should be implemented in a budget-neutral manner to support a further decline in the public debt-to-GDP ratio.",
    "Malta’s fiscal position has improved considerably in recent years, yet further buildup of fiscal buffers is needed against possible adverse macroeconomic conditions.",
    "Recommended measures:",
    "Objective: boost infrastructure while maintaining fiscal sustainability.",
    "**Country Report**"
  ],
  "related": [
    {
      "title": "Country Report",
      "role": "report",
      "sourceUrl": "https://www.imf.org/-/media/files/publications/cr/2018/cr1820.pdf",
      "summary": {
        "path": "/-/media/files/publications/cr/2018/cr1820.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/files/publications/cr/2018/cr1820.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/cr/issues/2018/01/29/malta-selected-issues-45591/index.md",
    "json": "/en/publications/cr/issues/2018/01/29/malta-selected-issues-45591/index.json",
    "bundleManifest": "/en/publications/cr/issues/2018/01/29/malta-selected-issues-45591/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-12T21:21:30.57Z"
}