VALLETTA (MALTA) (ITALPRESS/MNA) – S&P Global Ratings has affirmed Malta’s long- and short-term sovereign credit ratings at ‘A-/A-2’, maintaining a stable outlook and highlighting the country’s economic resilience amid global uncertainty.
In its latest assessment, the agency said Malta continues to perform strongly despite geopolitical tensions and slowing international economic growth. The report noted that Malta’s economic outlook remains supported by solid fundamentals and improving public finances.
The rating affirmation follows a series of positive economic assessments for Malta. The European Commission recently confirmed that the country met its fiscal targets ahead of schedule, while forecasts indicate that the budget deficit is expected to continue declining in the coming years.
S&P contrasted Malta’s performance with challenges faced by several European countries, including high unemployment and the effects of geopolitical instability. It noted that France, Belgium and Slovakia have recently experienced credit rating downgrades.
The agency said Malta’s improved fiscal position has strengthened its ability to withstand external shocks and respond to unforeseen international developments. The absence of a negative rating revision was seen as a sign of confidence in the country’s fiscal management.
Prime Minister Robert Abela welcomed the report, describing it as “another good result” and a vote of confidence in the newly elected administration.
In a post on X, Abela said the government would continue prioritising measures to protect families and businesses from the effects of the global economic slowdown.
– Photo IPA Agency –
(ITALPRESS).
