Fitch Affirms Malta

Emd Advocates31 Mar, 2022Finance

Fitch Affirms Malta: In its latest review, Fitch forecasts Malta's real GDP will contract by 6.9 per cent in 2020, 'a moderate downward revision' from its April review (5.9 per cent), saying declining net exports played a significant role in the change. The credit ratings agency said Malta?s tourism sector suffered a large contraction in the