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Fitch affirms Malta’s ‘A+’ rating and revises the outlook to ‘stable’
Fitch affirmed Malta’s sovereign credit rating at ‘A+’, though revising Malta’s outlook to ‘stable’ as a result of the impact of the global COVID-19 pandemic on Malta’s economy and public finances. Fitch forecasts real GDP to contract by 5.9 per cent in 2020 but to revert back to a healthy growth rate of 3.6 per…