More workers help economic growth – Central Bank

Central Bank said that the impact of the influx of workers in Malta is potentially meant to increase Malta’s economic growth.

In their statement they said that in the next three years, economic growth will continue to remain strong although not at the same levels of 2017.

Unemployment rate will remain low (4.3%) while inflation is set to rise by 1.9% after a rise in domestic wages.

You can read the Central Bank’s statement by clicking this link.