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DBRS, has confirmed Malta’s credit rating at A while upgrading the trend on the ratings to positive. The development comes after Standard and Poor’s and Fitch's credit rating upgrades.
DBRS acknowledged that, following a fiscal consolidation, Malta’s fiscal out-turns came in better than expected in 2016 sincefiscal deficits were turned into surpluses. DBRS commented that in 2016, the government debt ratio, which was already 12% lower than its 2011 peak. The government debt ratio fell below 60% of GDP.
For more information please refer to: http://www.dbrs.com/research/315275/dbrs-confirms-republic-of-malta-at-a-trend-changed-to-positive.html
