LEADER 06370oam 22015134 450 001 9910970510803321 005 20250426110736.0 010 $a9786613741776 010 $a9781455275250 010 $a1455275255 010 $a9781452789026 010 $a1452789029 010 $a9781280919596 010 $a1280919590 010 $a9781452708423 010 $a1452708428 035 $a(CKB)3360000000439389 035 $a(EBL)1607566 035 $a(SSID)ssj0000942159 035 $a(PQKBManifestationID)11498836 035 $a(PQKBTitleCode)TC0000942159 035 $a(PQKBWorkID)10971279 035 $a(PQKB)10605496 035 $a(OCoLC)535146872 035 $a(MiAaPQ)EBC1607566 035 $a(IMF)1MLTEE2007001 035 $a(IMF)1MLTEA2007001 035 $a1MLTEA2007001 035 $a(EXLCZ)993360000000439389 100 $a20020129d2007 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aMalta : $e2007 Article IV Consultation: Staff Report and Public Information Notice on the Executive Board Discussion 205 $a1st ed. 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2007. 215 $a1 online resource (40 p.) 225 1 $aIMF Staff Country Reports 300 $aCover title. 300 $a"Under Article IV of the IMF's Articles of Agreement, the IMF holds bilateral discussions with members, usually every year"--Cover. 300 $a"September 2007"--Cover. 311 08$a9781451826630 311 08$a145182663X 327 $a""Cover""; ""Contents""; ""Executive Summary""; ""I. Introduction""; ""II. Background""; ""III. Policy Discussions""; ""A. Bolstering Competitiveness""; ""B. Advancing Fiscal Adjustment""; ""C. Enhancing Financial Sector Stability""; ""IV. Staff Appraisal""; ""Tables""; ""1. Selected Economic Indicators, 2003a???12""; ""2. Medium-Term Fiscal Projections, 2003a???12""; ""3. Monetary Developments, 2003a???07""; ""4. Summary Balance of Payments, 2003a???12""; ""5. Indicators of External and Banking Sector Vulnerability, 2003a???07""; ""6. Financial Soundness Indicators, 2004a???06"" 327 $a""7. Public Sector Debt Sustainability Framework, 2003a???12""""Figures""; ""1. Economic Performance in a Regional Perspective""; ""2. Convergence Criteria, 2001a???07""; ""3. Interest Rate and Monetary Developments""; ""4. Labor Productivity""; ""5. Public Sector""; ""6. Financial Sector and Real Estate""; ""Boxes""; ""1. Maltaa???s Deteriorating External Competitiveness""; ""Contents""; ""Appendixes""; ""I. Fund Relations""; ""II. Statistical Issues"" 330 3 $aThis 2007 Article IV Consultation highlights that Malta?s economic recovery is gaining traction, owing in large part to cyclical strength and some structural change. A public investment boom, financed largely by grants from the European Union, reignited growth in 2005. A modest recovery in exports and robust consumption growth, supported by rising employment and household borrowing, helped sustain the upswing in 2006. Although financial stability has continued to improve, the concentration of loan portfolios in real estate has continued to rise. Although nonperforming loans declined further, levels remain high and provisioning uneven. 410 0$aIMF Staff Country Reports; Country Report ;$vNo. 2007/305 606 $aMonetary policy$zMalta 606 $aFiscal policy$zMalta 606 $aBanking$2imf 606 $aBanks and Banking$2imf 606 $aBanks and banking$2imf 606 $aBanks$2imf 606 $aCredit$2imf 606 $aCurrency$2imf 606 $aDebt Management$2imf 606 $aDebt$2imf 606 $aDebts, Public$2imf 606 $aDepository Institutions$2imf 606 $aEconometrics & economic statistics$2imf 606 $aExpenditure$2imf 606 $aExpenditures, Public$2imf 606 $aFinance$2imf 606 $aFinancial institutions$2imf 606 $aForeign exchange reserves$2imf 606 $aForeign exchange$2imf 606 $aIndustries: Financial Services$2imf 606 $aLoans$2imf 606 $aMacroeconomics$2imf 606 $aMicro Finance Institutions$2imf 606 $aMonetary economics$2imf 606 $aMonetary Policy$2imf 606 $aMonetary Policy, Central Banking, and the Supply of Money and Credit: General$2imf 606 $aMoney and Monetary Policy$2imf 606 $aMoney$2imf 606 $aMortgages$2imf 606 $aNational Government Expenditures and Related Policies: General$2imf 606 $aNonperforming loans$2imf 606 $aPublic debt$2imf 606 $aPublic finance & taxation$2imf 606 $aPublic Finance$2imf 606 $aSovereign Debt$2imf 607 $aMalta$xEconomic conditions 607 $aMalta$xEconomic policy 607 $aMalta$2imf 615 0$aMonetary policy 615 0$aFiscal policy 615 7$aBanking 615 7$aBanks and Banking 615 7$aBanks and banking 615 7$aBanks 615 7$aCredit 615 7$aCurrency 615 7$aDebt Management 615 7$aDebt 615 7$aDebts, Public 615 7$aDepository Institutions 615 7$aEconometrics & economic statistics 615 7$aExpenditure 615 7$aExpenditures, Public 615 7$aFinance 615 7$aFinancial institutions 615 7$aForeign exchange reserves 615 7$aForeign exchange 615 7$aIndustries: Financial Services 615 7$aLoans 615 7$aMacroeconomics 615 7$aMicro Finance Institutions 615 7$aMonetary economics 615 7$aMonetary Policy 615 7$aMonetary Policy, Central Banking, and the Supply of Money and Credit: General 615 7$aMoney and Monetary Policy 615 7$aMoney 615 7$aMortgages 615 7$aNational Government Expenditures and Related Policies: General 615 7$aNonperforming loans 615 7$aPublic debt 615 7$aPublic finance & taxation 615 7$aPublic Finance 615 7$aSovereign Debt 676 $a332.152 712 02$aInternational Monetary Fund. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910970510803321 996 $aMalta$9212123 997 $aUNINA