Finance Minister Edward Scicluna has held talks with officials from the International Monetary Fund and the ratings agency Standard and Poors while in Washington for the IMF/World Bank 2013 Spring meetings.

Also participating in the meetings was the Governor of the Central Bank Josef Bonnici.

Talks were held with John Chambers, Managing Director and Chairman of Standard & Poor’s Sovereign Ratings Committee, Marta Ruiz Arranz, Head of IMF Consultation Mission to Malta, and Andrea Montanino, the IMF Executive Director for the Region of which Malta forms part. The delegation also met a number of leading Bank Governors and finance ministers.

Professor Scicluna said that it  was very important, at this critical juncture, that key and influential international players were kept updated with Malta’s economic and financial developments. 

"Our country’s credibility requires that we are forthcoming with our information at all times. I am very confident that this successful two-way engagement was well received and is expected to continue.”

In the coming months Malta will be evaluated by the IMF Article IV Consultation Mission, and a number of rating agencies including Standard and Poors.

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