30 September 2014

Malta's current account estimated at a surplus of €179.5 million during second quarter

Provisional estimates show that during the second quarter, Malta’s current account recorded a net surplus of €179.5 million.

Malta Today 22/09/2014: Provisional estimates show that during the second quarter, Malta’s current account recorded a net surplus of €179.5 million, according to the National Statistics Office.

The NSO release said that these updates do not allow for comparison with previous periods as this is the first Balance of Payments statement produced in accordance with the guidelines provided in the ‘Sixth Edition of the IMF’s Balance of Payments and International Investment Position Manual (BPM6)’. For the first time, the statement is including...read on.