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Lower deficit registered in first eight months of 2016
A surplus of €61.9 million was recorded in the consolidated fund during the month of August while the deficit for the first eight months of this year decreased to almost half that recorded last year. PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE This data emerged from the latest Government Finance Data issued…
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Commemoration of Chinese engineers who died during the construction of No. 6 Drydock
Minister for Finance, Prof. Edward Scicluna attended the yearly commemoration of the two Chinese engineers who died while working on the construction of the No. 6 Drydock in 1979. PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE The commemoration took place on Qingming, a Chinese public holiday in which Chinese traditionally pay their respects…
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Il-faqar fil-mira tal-baġits tal-Gvern
Il-ġimgħa l-oħra l-Uffiċċju Nazzjonali tal-Istatistika (NSO) ħareġ l-aħħar figuri u inidikaturi relatati mal-faqar għas-sena 2014 u parzjalment ukoll hemm xi indikaturi għas-sena ta’ wara. Kulħadd ikun qed jistenna dawn il-figuri, speċjalment għax għandna gvern li hu kommess li jwaqqa’ ir-rata tal-faqar u n-numru ta’ nies li sfortunatament jkunu f’dan l-istat Bħal ma għidt fil-konferenza stampa…
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€50 million housing project approved by the European Investment Bank
The European Investment Bank (EIB) has approved a number of projects to be carried out in Malta, including one on social housing. PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE This was announced during a signing ceremony held at the Ministry for Finance, between Minister Edward Scicluna and the President of the EIB…
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Il-Budget u l-Imsieħba Soċjali
Waqt il-preparazzjoni għall-budġet ikollna diversi laqgħat importanti fi ħdan il-Kunsill Malti għall-Iżvilupp Ekonomiku u Soċjali (MCESD) li jiġbor fi ħdanu l-imsieħba soċjali, li huma it-trade unions, l-għaqdiet kollha ta’ min iħaddem u l-Gvern. Peress li l-laqgħat tal-MCESD isiru fil-magħluq u l-ġurnalisti jkunu mistiedna biss għall-ewwel ftit minuti ta’d awn il-laqgħat, sabiex jieħu togħma…
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Dak li ħaddieħor wiegħed li se jagħmlu f’10 snin, dan il-gvern għamlu f’sena
Waqt konferenza tal-aħbarijiet, il-Ministru għall-Familja u Solidarjetà Soċjali Michael Farrugia u l-Ministru għall-Finanzi Edward Scicluna laqgħu b’mod pożittiv ir-riżultati ppubblikati mill-Uffiċċju Nazzjonali tal-Istatistika dwar Income & Living Conditions 2015. STQARRIJA MILL-MINISTERU GĦALL-FAMILJA U SOLIDARJETÀ SOĊJALI U MILL-MINISTERU GĦALL-FINANZI Fost it-titjib jispikka li r-riskju ta’ faqar u l-esklużjoni soċjali fost dawk taħt it-18-il sena naqas…
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Taxxa Kompetittiva
Mhux l-ewwel darba li nies fil-politika jmaqdru pajjiżi oħra biex jaġevolaw lil pajjiżhom. Nafu li ngħixu f’dinja kompetittiva u dak li jkun jipprova jtejjeb ir-reputazzjoni ta’ pajjiżu billi jwaqqa’ r-reputazzjoni ta’ ħaddieħor. Dan jiġri f’ħafna oqsma, iżda dan l-aħħar qegħdin narawh jiġri ta’ spiss fil-qasam tat-taxxa. Dan l-aħħar, kien hemm min li biex jidher li…
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Budget fi sfond ta’ klima internazzjonali inċert
Il-Budget għas-sena 2017 huwa wieħed li ser isir f’ċirkustanzi partikolari fejn Malta qed tgawdi minn ekonomija b’saħħitha fi klima internazzjonali inċert minħabba fl-elezzjonijiet fi Franza u l-Ġermanja, u l-Brexit. Dan qalu l-Ministru għall-Finanzi, l-Prof. Edward Scicluna hekk kif indirizza l-Kunsill Malti għall-Iżvilupp Ekonomiku u Soċjali (MCESD) flimkien mal-Ministru għad-Djalogu Soċjali, Affarijiet tal-Konsumatur u Libertajiet Ċivili…
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DBRS confirms Malta’s ‘A’ rating
In its latest report on Malta, DBRS Ratings Limited confirmed the country’s stable outlook and its ‘A’ rating, referring to the country’s economic resilience, thanks to its low reliance on external financing and its successful efforts at restructuring state owned enterprises which had run into financial difficulties. The stable outlook reflected DBRS assessment of risks which it expects to…
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Remarkable increase in local exports
An increase of €454.1 million or nearly 36 per cent was recorded in Malta’s exports net of fuels for the period January to July of this year. PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE The highest increase was recorded in the chemical sector where exports of chemicals rose from €220.2 million in January…