VALLETTA, Nov. 15 (Xinhua) -- Malta's economy is expected to grow faster than predicted, making it the fastest-growing economy in the European Union (EU), according to the European Commission's autumn forecast released on Friday.
The Commission has revised Malta's projected economic growth for 2024 to 5 percent, an increase of 0.4 percentage point from its spring forecast. This growth is driven by strong domestic demand, a positive contribution from net exports, and a thriving tourism sector.
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