Government warned: Economy is growing in the wrong direction and looks unsustainable

Malta’s economy may continue to outperform most of Europe, but the country’s independent fiscal watchdog, appointed by Finance Minister Clyde Caruana, strongly warned that economic growth is being driven by the wrong factors and is becoming increasingly unsustainable. In its assessment of the government’s macroeconomic forecasts for 2026, the Malta Fiscal Advisory Council (MFAC) endorsed … Continued

By Ivan Camilleri