The Malta Independent 23 June 2024, Sunday
View E-Paper

Credit rating agency confirms Malta’s ‘A’ rating, says 'country exhibits low levels of corruption'

Saturday, 2 April 2016, 11:20 Last update: about 9 years ago

Dominion Bond Rating Service (DBRS) has confirmed Malta's A rating for the country's economy.

In a statement the government said that the DBRS experts claim that "Malta enjoys relatively sound public institutions and exhibits low levels of corruption".

The government said that despite all the negative messages by the Opposition, the international credit rating agency states that "the government is making additional efforts to improve governance and further reduce the scope of corruption, including by passing a Whistleblower's Act and removing the prescription period for cases of corruption involving Members of Parliament".

"The agency's credit rating is a proof of the government's commitment to improve local governance and to address issues which dominated the local scene for years," the government said.

  • don't miss