In recent days, the International Monetary Fund (IMF) and two major credit rating agencies – Fitch Ratings and Moody’s – all published updated reports and analysis on Malta’s expected economic performance post COVID-19. Last month, the other major international credit rating agency S&P had also...
Fitch Ratings has revised Malta's Outlook to Stable from Positive, while Moody's has affirmed the country's A2 rating. Fitch said its outlook revision reflects the significant impact of the global coronavirus pandemic on Malta's economy and public finances. Fitch said it forecasts real GDP to contract 5.9%...
Malta welcomes yet another two rating upgrades by DBRS and Moody’s respectively. DBRS has upgraded the Republic of Malta to ‘A (high)’ from ‘A’, and Moody’s changed the outlook to ‘positive’ from ‘stable’. Minister for Finance Edward Scicluna said that “from where I heard the news...