Maltese Prime Minister Joseph Muscat said on Sunday that the archipelago would keep progressing irrespective of the Brexit vote decision, which is set for June 23.
Speaking during a Labour Party activity in Malta, Muscat said the government had already set out a course of action for Britain leaving the European Union (EU).
"We will not stand still, this country will continue moving forward," he said, adding that next week the Cabinet would meet to discuss the way forward.
The prime minister added that Malta would in no way interfere with Britain's decision process.
The international ratings agency Fitch Ratings predicted last month that Malta was among the countries which would most suffer the consequences of a British exit from the EU. It elaborated that the most exposed countries would be Ireland, Malta, Belgium, the Netherlands, Cyprus and Luxembourg, all of whose exports of goods and services to Britain are at least eight percent of gross domestic product.