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Eurogroup and Informal ECOFIN meetings
At the Informal ECOFIN meeting in Vienna held on 7 – 8 September 2018 Minister Scicluna welcomed the proposal on the InvestEU programme comprising a single fund for all EU level financial instruments in the MFF 2020- 2027. He told the meeting that while the integration of all investment programmes of the Union should serve…
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Further sustained economic growth in the second quarter of 2018
“Another sustained economic growth is a remarkable indication that our economy is continuing to steam steadily ahead, reaping benefits to businesses and employees alike”, stated Minister for Finance Edward Scicluna. PRESS RELEASE BY THE MINISTRY FOR FINANCE In real terms, the 5.9 per cent growth of the Maltese economy during the second quarter of 2018…
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LEJN IL-BAĠIT GĦAS-SENA D-DIEĦLA
LEJN IL-BAĠIT GĦAS-SENA D-DIEĦLA Jinsabu fl-aqwa tagħhom il-preparazzjonijiet għal baġit tas-sena d-dieħla, bix-xogħol fil-ministeru tagħna għaddej ġmielu, u b’ diversi laqgħat bejni u l-Prim Ministru. Ix-xhur tas-sajf nqattgħuhom nippruvaw għadd ta’ miżuri u noħorġu stima ta’ kemm se jkunu se jiġu jiswew lill-gvern. Dan għaliex huwa importanti li l-gvern jagħmel l-estimi tiegħu qabel l-infiq, filwaqt…
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A fiscal surplus during July of this year
Minister for Finance Edward Scicluna welcomes the latest Government Finance Data, published by the National Statistics Office (NSO), which shows during the month of July this year, the government recorded a surplus of €25 million in the Consolidated Fund. The surplus reflected an increase of €28 million in total revenue while total expenditure decreased by…
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Aktar tnaqqis ta’ taxxi għal kull min jaħdem
“Bħala gvern, se nibqgħu nniedu aktar inizjattivi u miżuri bl-għan li jkollna soċjetà aktar inklussiva u se nagħmlu dan billi nkomplu nnaqqsu t-taxxi fuq ix-xogħol”, qal il-Ministru għall-Finanzi Edward Scicluna waqt konferenza stampa fil-Ministeru għall-Finanzi. STQARRIJA MILL-MINISTERU GĦALL-FINANZI Il-Ministru spjega kif kull min jaħdem, sew jekk full-time jew part-time, se jirċievi ċekk għal din is-sena fejn l-ammont li…
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Moody’s affirms ‘A3 Positive’ rating for Malta
The Ministry for Finance welcomes the latest credit opinion by Moody’s Investor Service that affirmed an A3 Rating for Malta with a positive outlook. Moody’s highlighted Malta’s sustained progress on public sector debt reduction and the prospects for further fiscal consolidation on the back of a buoyant economic performance. The rating agency points out that…
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‘Malta continues to outperform EU average growth rates with strong external position’ – DBRS
The Ministry for Finance welcomes the latest credit rating report published by DBRS affirming Malta’s rating at A (high) with a stable trend on its ratings. Indeed, the rating reflects Malta’s remarkable broad-based economic growth, its strong external position and low reliance on external financing, as well as its favourable public debt structure and households’…
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Riżultat tal-ħsara li saret
Matul din il-ġimgħa, żewġ Rating Agencies Fitch u Standard and Poor’s ħarġu riżultati wieħed fuq bank bank partikolari (BOV) u l-ieħor fuq l-andament tal-ekonomija Maltija. L-Aġenzija Fitch ħalliet il-grad għall-Malta A+ b’outlook stabbli filwaqt li kkonfermat li l-ekonomija ser tibqa’ tikber u b’saħħitha. Dawn ir-Rating Agencies internazzjonali, jaslu biex joħorġu dan it-tbassir dwar l-ekonomija tal-pajjiż…
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Verità u Ġustizzja mal-Isitituzzjonijiet tagħna
Il-każ xokkanti li ħareġ mir-rapport tal-Maġistrat Bugeja iqajjem ħafna osservazzjonijiet. Dan każ li mhux biss, għal ħmistax -il xhar affettwa lill-Prim Ministru u l-familja tiegħu, iżda affetwa l-pajjiżu wkoll. Il-familja Muscat u Malta sofrew f’dak li huwa telf ta’ reputazzjoni. Għaliex fuq kollox, ir-reputazzjoni sew għall-persuni milquta kif ukoll għall-pajjiż, hija xi ħaġa għażiża u…
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The Pre-Budget 2019 document with MCESD
Minister for Finance Edward Scicluna presented and discussed the economic and financial outlook of the economy and the prospects for the upcoming Budget 2019 with the Malta Council for Economic and Social Development (MCESD). PRESS RELEASE BY THE MINISTRY FOR FINANCE AND THE PARLIAMENTARY SECRETARIAT FOR EUROPEAN FUNDS AND SOCIAL DIALOGUE Minister Scicluna highlighted Malta’s…