Since my graduation in the 1950s, monitoring Malta’s economic performance has been almost an obligation. I did it incessantly.

Without hesitation, I can say that 2015 has been the best year ever, at least since independence. Economic growth at over four per cent (and carrying a 200,000 full-time job potential) has been so smooth as hardly perceptible.

This was achieved while narrowing the fiscal deficit during these last two years, a phenomenon hitherto considered as nigh impossible in Malta, to the delight of the EU, the eurozone, the IMF, several credit rating agencies and, of course, local economists who now have added reason to feel proud of their profession.

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