The Ministry for Finance welcomes another positive credit rating
report published by another renowned credit rating
agency—Fitch—affirming Malta’s sovereign credit
rating at ‘A+’ with a stable outlook.
The credit rating report attributes the ‘A+’ rating
to Malta’s high income per capita, strong governance and
human development indicators relative to peers, robust economic
growth, and a large net external creditor position, amongst
others.
Fitch acknowledges that the strong private and public
consumption is driving growth, with private consumption supported
by low interest rates and strong employment and wages. It notes
that such strong growth has not led to overheating as reflected in
the absence of macro imbalances and the inflation rate, which
remained contained.
