Malta: 2022 Article IV Consultation-Press Release; and Staff Report
Electronic Access:
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Summary:
Malta’s economy rebounded strongly from the pandemic. However, the indirect impact of Russia’s war in Ukraine, including the anticipated slowdown in the European economy, high and volatile global energy prices, rising import costs, and weakened public finances following the pandemic are weighing on the outlook. The Maltese economy is expected to slow from 6¼ percent this year to 3¼ percent in 2023. The financial system has proved to be resilient to the pandemic with ample capital and liquidity buffers. In June 2022, the Financial Action Task Force (FATF) removed Malta from its grey list of anti-money laundering and combatting the financing terrorism (AML/CFT) framework.
Series:
Country Report No. 2023/078
Subject:
International organization Monetary policy
Frequency:
regular
English
Publication Date:
February 8, 2023
ISBN/ISSN:
9798400233364/1934-7685
Stock No:
1MLTEA2023001
Pages:
66
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