Standard & Poor’s has awarded Liechtenstein its highest possible grades by reaffirming its AAA rating and confirming the country’s stable outlook. In its report on Liechtenstein, the ratings agency commended the country’s consolidation efforts in recent years and its stable public finances, adding that Liechtenstein will build on its track record of proactive policymaking in addressing the ever-evolving international financial regulations. The report also expects that the government will continue to prioritise a healthy state budget.
Prime Minister Adrian Hasler was pleased to announce the reaffirmation of the top grades but warned that they should not be taken for granted in what remains a challenging environment. On the contrary, the top rating should be regarded as a sign that the country should continue on the path it has chosen, said Hasler in a government statement.