Category: IMF


€24.7m government grant to cover MFSA shortfall

The financial regulator aims to become financially independent   A €24.7 million government grant was needed last year to keep the Malta Financial Services Authority (MFSA) in the black, according […]

Government predicts a 7.5% deficit for 2020, with economy shrinking by 5.4%

Finance Minister unveils the government’s public finance forecasts     The government is predicting a 7.5 percent deficit for this year, but things could change overnight, Finance Minister Edward Scicluna […]

New generation of financial supervision

The International Monetary Fund (IMF) and European supervisory institutions have, over recent years, recommended that Malta sharpens its supervisory tools, integrates its efforts and intensifies its regulatory oversight of the […]

Malta’s economy likely to shrink by 2.8%, but will rebound in 2021 – IMF

World Economic Outlook report projects a 7.5% decline across eurozone   Malta’s economy is projected to shrink by 2.8% this year before rebounding into strong 7% growth in 2021, the […]