The decision taken by Standard & Poor’s credit agency to leave Malta’s rating as stable is a sign that the government’s programme has international consensus and will lead the economy to greener pastures, the Labour Party said in a statement.

The report speaks positively on the government’s plans in various areas including energy, the financial sector and the tackling of issues that have gripped the country for years, the PL said.

The report expresses confidence in the government’s work and its efforts to face day-to-day challenges to offer incentives for investment that will create more jobs, the PL said.