The Central Intelligence Agency (CIA) is an independent US
Government agency responsible for providing national security
intelligence to senior US policymakers.
Great Britain formally acquired possession of Malta in 1814. The island staunchly supported the UK through both World Wars and remained in the Commonwealth when it became independent in 1964. A decade later Malta became a republic. Since about the mid-1980s, the island has transformed itself into a freight transshipment point, a financial center, and a tourist destination. Malta became an EU member in May 2004 and began using the euro as currency in 2008.
party to: Air Pollution, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Wetlands
signed, but not ratified:
none of the selected agreements
the country comprises an archipelago, with only the three largest islands (Malta, Ghawdex or Gozo, and Kemmuna or Comino) being inhabited; numerous bays provide good harbors; Malta and Tunisia are discussing the commercial exploitation of the continental shelf between their countries, particularly for oil exploration
chief of state: President George ABELA (since 4 April 2009)
head of government:
Prime Minister Lawrence GONZI (since 23 March 2004)
cabinet:
Cabinet appointed by the president on the advice of the prime minister
elections:
president elected by the House of Representatives for a five-year term (eligible for a second term); election last held on 12 January 2009 (next to be held by April 2014); following legislative elections, the leader of the majority party or leader of a majority coalition is usually appointed prime minister by the president for a five-year term; the deputy prime minister is appointed by the president on the advice of the prime minister
election results:
George ABELA elected president by the House of Representatives
unicameral House of Representatives (normally 65 seats; members are elected by popular vote on the basis of proportional representation to serve five-year terms; note - the current Parliament is composed of 69 seats; when the political party winning the plurality of votes does not win a majority of seats, the constitution provides that a sufficient number of seats will be added to Parliament to ensure that the party that won the elections has a majority in Parliament)
elections:
last held on 8 March 2008 (next to be held by March 2013)
election results:
percent of vote by party - PN 49.3%, MLP 48.9%, other 1.8%; seats by party - PN 35, MLP 34
Alternativa Demokratika/Alliance for Social Justice or AD [Arnold CASSOLA]; Azzjoni Nazzjonaili or AN [Josi MUSCAT]; Malta Labor Party or MLP [Joseph MUSCAT]; Nationalist Party or PN [Lawrence GONZI]
Alleanza Liberal-Demokratika Maltra or ALDM (for divorce, abortion, gay marriage, the rights existent in other EU member states); Alleanza Nazzionali Repubblikana or ANR (for traditional values, anti-immigration); Alternattiva Demokratika (pro-environment); Azzjoni Nazzjonali or AN (freedom to participate in democratic government); Flimkien Ghal-Ambjent Ahjar (pro-environment); Ghazdatal-Konsumaturi (consumer rights)
Malta produces only about 20% of its food needs, has limited fresh water supplies, and has few domestic energy sources. Malta's geographic position between the EU and Africa makes it a recipient of illegal immigration, which has strained Malta's political and economic resources. The financial services industry has grown in recent years, but is not fully modernized. Malta's economy is dependent on foreign trade, manufacturing - especially electronics and pharmaceuticals - and tourism all of which have been negatively affected by the global economic downturn. Malta adopted the euro on 1 January 2008. The Maltese government in 2009 will be challenged to contain the budget deficit, which ballooned in 2008 to about 4.1% of GDP, placing it above the euro zone's 3% maximum.
note:this figure represents the US dollar value of Maltese liri in circulation prior to Malta joining the Economic and Monetary Union (EMU); see entry for the European Union for money supply in the euro area; the European Central Bank (ECB) controls monetary policy for the 16 members of the EMU; individual members of the EMU do not control the quantity of money and quasi money circulating within their own borders
euros (EUR) per US dollar - 0.6827 (2008 est.), Maltese liri per US dollar - 0.3106 (2007), 0.37 (2006), 0.34578 (2005), 0.34466 (2004), 0.37723 (2003)
The online Factbook is updated bi-weekly. ISSN 1553-8133
For additional information on government leaders in selected foreign countries, go to World Leaders.
PRINT
