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Deficit Correction reports sent to Commission
The Finance Ministry has formally submitted to the European Commission 1st October, 2013, an Economic Partnership Programme (EPP) together with a Report on Effective Action on, which outline the Government’s plan to close 2013 with a general government deficit below 3%. The Economic Partnership Programme (EPP) is divided in two main chapters. The first chapter…
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ECB welcomes a second-deputy governor at CBM – Videoblog 20
In his weekly blog, Finance Minister Prof. Edward Scicluna explains the proposed amendments to the Central Bank Act, which he presented to parliament a few days ago, which propose, among other changes, the creation of a new Deputy Governor position within the Central Bank of Malta. Prof. Scicluna explains that this change must be…
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“Malta constantly on lookout for opportunities to broaden financial services sector”
“Malta is constantly on the lookout for new opportunities to increase the breadth and depth of its financial services infrastructure, not least its securities markets,” said Finance Minister Prof. Edward Scicluna, noting that Malta has been consistently featured in the top 20 tier of the World Economic Forum Competitiveness Index with respect to the regulation…
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Is-sostenibilità fiskali ta’ pajjiżna
Il-ftehim preliminarju li ntlaħaq bejn il-Gvern Malti u dak Ċiniż dwar investiment fl-Enemalta, li ġie ffirmat f’dawn l-aħħar jiem, qanqal diskussjoni kbira. Din hi mhux biss normali iżda importanti f’pajjiż demokratiku. Iżda dan il-ftehim wassal ukoll għal ċertu kritika min-naħa tal-Oppożizzjoni, li hu importanti li tiġi ndirizzata. L-ewwel mistoqsija li jeħtieġ li tiġi ndirizzata hi:…
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“Id-Deputat Gvernatur tal-Bank Ċentrali u l-karigi tal-Bord tad-Diretturi huma mandati minn Standards regolatorji ġodda tal-istabilta’ finanzjarja tal-UE”
Hija sfortuna li l-Oppożizzjoni għażlet li testendi l-kampanja tagħha ta’ dubji permezz ta’ insinwazzjonijiet politiċi fis-settur tas-servizzi Finanzjarji, u b’mod partikolari l-Bank Ċentrali ta’ Malta, li huwa l-istituzzjoni makro-prudenti tal-pajjiż. Dawk kollha li jsegwu l-iżviluppi internazzjonali u Ewropej jafu li r-regolament tal-kriżi post-finanzjarja wassal għall-ħolqien tal-Bord ta’ Riskju Sistemiku tal-UE (ESRB) li hu bbażat fi…
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L-aspetti ewlenin tal-pensjonijiet
F’dan l-artiklu, xtaqt nieħu l-opportunità biex nindirizza l-kwistjoni tal-pensjonijiet. Din hi kwistjoni li hi ferm importanti għal bosta ċittadini, u jidher ċar mill-mod kif is-suġġett tqajjem f’kull laqgħa ta’ konsultazzjoni ta’ qabel il-baġit 2014 li seħħew s’issa. Meta tagħrbel il-kwistjoni sew, wieħed jara li hemm diversi aspetti. Dawn għandhom jiġu diskussi separatament. Bosta mill-problemi li…
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Laqgħa mal-Bord ta’ Reviżjoni tal-Affarijiet Ekonomiċi tal-PULSE
Aktar kmieni illum, iltqajt mal-Bord ta’ Reviżjoni tal-Affarijiet Ekonomiċi tal-PULSE sabiex nisma’ ir-reazzjoni tagħhom dwar id-Dokument ta’ Konsultazzjoni ta’ Qabel il-Baġit 2014, u sabiex niddiskutu l-proposti tagħhom għall-baġit li ġej. Ħadt gost mhux biss bil-fatt li grupp ta’ studenti qed jinvolvu ruħhom fl-andament tal-pajjiż b’mod attiv u kostruttiv, iżda wkoll b’kif ir-rakkomandazzjonijiet tagħhom marru lil…
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Returning Enemalta to financial health
Part 1 – Videoblog 18 Finance Minister Prof. Edward Scicluna discusses the recently-signed Memorandum of Understanding between Malta and China regarding the state-owned entity Enemalta, and addresses various questions and criticisms which surfaced over the last few days. Prof. Scicluna explains that the new Government’s plan was to bring about a change in…
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“Id-Dipartiment tad-Dwana għandu jkollu bilanċ bejn l-Infurzar tar-Regolamenti u bejn li jiffaċilita l-kummerċ” – Jum id-Dwana
Il-Ġimgħa, 27 ta’ Settembru 2013, Malta ċċelebrat Jum id-Dwana, li mmarkat ukoll l-għeluq il-45 sena minn meta twaqqfet l-ewwel unjoni tad-dwana bejn il-membri stati tal-UE. Tradizzjonalment Jum id-Dwana jiġi mtella’ matul l-aħħar jiem ta’ Settembru. F’diskors matul il-festa nhar il-Ġimgħa filgħaxija fil-Magazino Hall, il-Valletta Waterfront, il-Ministru għall-Finanzi Prof. Edward Scicluna enfasizza l-funzjoni importanti mwettqa mid-Dipartiment…
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Finance Minister Prof. Edward Scicluna receives a courtesy visit from H.E. Mr. Klaus-Peter Brandes, German Ambassador to Malta
The Hon. Edward Scicluna, Minister for Finance received a courtesy visit from German Ambassador to Malta H.E. Mr Klaus-Peter Brandes, on Thursday 26th September, 2013. The meeting discussed topics related to political and economic developments in both countries, as well as their respective relevance to the European Union, and the Eurozone. Prof. Scicluna…