Malta’s current account balance improved by €183.2 million in the first quarter this year, according to provisional figures published by the National Statistics Office.

The NSO said the figures showed show a current account surplus of €106.1 million, when compared to a deficit of €77.1 million in the same quarter last year.

There was a slight decrease in net assets in the first quarter this year. Decreases registered in net direct investment assets, amounting to €1,988.4 million,
were mainly attributed to an increase in equity liabilities.

Net assets in the other investment account improved, mainly due to an increase in assets of €1,875.4 million.

The reserve assets registered a decrease of €63.9 million.

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