Fitch confirms A Rating
Global credit rating agency Fitch has affirmed Malta’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A+’ with a Stable Outlook. The Stable Outlook reflects Fitch’s expectation that GDP growth will recover and that debt will stabilise following the fiscal shock caused by the pandemic, supported by a strong revenue recovery. At the same time, there is continued downside risk from the evolution of the coronavirus and its effect on the tourism sector and public finances, as well as the risk of macroeconomic instability from the Financial Action Task Force’s (FATF) decision to greylist Malta.
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We want to give youngsters a bright future – Bernard Grech
The Nationalist Party wants to see our young people go abroad to study, but come back for a brighter future in our own country. PN leader Bernard Grech said this in an address on party radio. Bernard Grech said that a new Government led by him will protect the environment because today we are living in a time where – due to wrong decisions of this Government – all balance has been lost. Grech explained how today we are living in a situation where the Labour Government has chosen to suffocate Malta and Gozo with concrete, despite the fact that our young people are still finding it difficult to afford to buy even a small property.
The number of active Covid-19 cases reached 766 with 59 new cases recorded on Saturday, while only 45 recovered.
The number of victims increased to 463 after the death of a 71-year-old man. Ten patients with Covid-19 are in hospital, health authorities said, with two in intensive care.
Young man loses life in early morning accident
A young man lost his life while a woman is fighting for her life after a car accident this morning. One News reports that the man, driving a BMW, was driving towards Paola were he lost control of the vehicle, hit a wall and ended up in a field.
The man was certified dead on the spot, while the woman was rushed to Mater Dei with serious injuries.
Mental Health foundation disturbed with Valletta incident
The Alliance for Mental Health said it was “deeply disturbed” after various news outlets published footage showing an individual sitting on the edge of the bastion in Hastings Garden in Valletta as passers-by urged him to ‘take the leap’. The incident brought the condemnation of many, including politicians and professionals in the field. A4MH called for more education on such matters and emphasised that people in distress should be listened to, heard and helped. The alliance includes Malta’s psychiatrists, psychiatry nurses, the Richmond Foundation and the Mental Health Association.
Covid-19: 79 cases were reported on Friday while 30 patients recovered. There are currently 753 active cases, 13 of which are being hospitalised.