S&P affirms Malta’s credit rating with stable outlook

S&P Global Ratings has once again affirmed Malta’s ‘A-/A-2’ long and short term sovereign credit ratings with a stable outlook.

The S&P report indicates that Malta continues to demonstrate economic resilience despite international uncertainties such as geopolitical tensions and the slowdown in global economic growth.

Malta has received a series of positive economic assessments in recent weeks, with the European Commission confirming that the country has met its fiscal targets ahead of schedule. Forecasts also indicate that Malta’s deficit is expected to continue declining over the coming years.

The S&P report also noted the difficult economic conditions facing other European countries, including high unemployment and the impact of geopolitical uncertainty. It pointed out that countries such as France, Belgium and Slovakia have seen their international credit ratings downgraded.

The agency noted that despite challenges affecting the international economy, Malta’s economic outlook remains supported by strong fundamentals. The fact that Malta did not receive a negative revision was presented as a sign of confidence in the country’s ability to maintain fiscal stability.

Analysts concluded that the improvement in Malta’s public finances has placed the country in a stronger position to withstand ongoing external challenges and respond to unexpected international developments.

Prime Minister Robert Abela described the report as “another good result” for the country and a sign of confidence in the newly elected administration.

In a post on X, Abela said the government will continue to prioritise protecting families and businesses from the impact of the global economic slowdown.