A year of growth, and questions Malta can no longer avoid
Jan 6
1 min read
The story of 2025 is one of inflection. The economy has bought time through growth. The question is whether that time will be used to build the foundations for the next phase
Looking back at 2025, Malta can reasonably say it navigated a difficult global environment better than most. But the year also exposed the limits of a model that leans heavily on labour expansion, property-driven capital allocation, and rising recurrent expenditure
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