20 July 2014

S&P reaffirms Malta’s credit rating

Malta Independent 11/07/2014: The Ministry for Finance welcomes the appraisal of credit rating agency Standard & Poor’s, which affirms that Malta’s economy is stable and expects it to grow in the coming years thanks to the new Government’s energy reform, and policies that increased female labour participation.
"The S&P Credit Rating Report, published today, reaffirmed Malta’s credit rating at 'BBB+/A-2', with a stable outlook."
In its report, S&P notes of “Malta's fairly strong institutional and governance effectiveness and its resilient economy”, and forecasts “the Maltese economy to grow by 2.4% this year and just over 2% on average over the next…read on.