-
Creating Opportunities not Dependency – Pre Budget Document 2015 launched
The Pre Budget Document 2015 embodies the Government’s commitment to ensuring that the whole of society can benefit from the economic stability and successes achieved so far. Titled ‘Creating Opportunities, Not Dependencies’, the document lays out the government’s vision for the upcoming Budget 2015, which will look towards ensuring that social welfare reflects…
-
Foreign Direct Investment picks up – Videoblog 58
In this video blog Finance Minister Prof. Edward Scicluna discusses recently-published NSO figures pertaining to foreign investment, and explains that investment is considered important because investment allows the purchase of capital such as machinery or staffing, which in turn leads to economic growth for the country. Prof. Scicluna explains that foreign investment is also…
-
Accepting Responsibility when the lights go out – Videoblog 57
Minister for Finance Prof. Edward Scicluna discusses the recent power cut which affected Maltese households and businesses. He explains that despite they are not desirable and should be avoided, there is always a risk that such unforeseen incidents take place. He notes that this is why essential operations are, or should be, equipped with…
-
Strong Employment in Sensitive Sectors – Videoblog 56
Minister for Finance Prof. Edward Scicluna discusses recently published employment figures as published by the National Statistics Office. Prof. Edward Scicluna explains that the figures show an increase in full time employment of 3.6%, as well as a rise in part time employment by 6.3%. He notes that such rates that were never reached before.…
-
The Importance of Forward-Looking Economic Indicators – Videoblog 55
Finance Minister Prof. Edward Scicluna discusses recently published EUROSTAT data which deals with the confidence of European consumers in their respective economies. Prof. Scicluna explains that the data was welcome news for the Maltese Government, as the data showed that consumer confidence is in the local economy strong, that income from work is increasing,…
-
Greater oversight over public finances – Videoblog 54
Minister for Finance Prof. Edward Scicluna announces the approval of the Fiscal Responsibility Act. He explains that this Act represents a milestone for the Maltese government, as it binds this and all future government to a greater degree of transparency and accountability in public finance. Prof. Scicluna explains that the only existing checks and…
-
Malta and EBRD exploring opportunities for cooperation – Videoblog 53
In this videoblog, Minister for Finance Prof. Edward Scicluna discusses the European Bank for Reconstruction and Development (EBRD). He explains that it is a European banking institution that carries out crucial development projects with a special focus on former Soviet Union countries. He explains that the majority of shareholders, which include Malta, are European countries…
-
Malta u l-EBRD jesploraw Opportunitajiet għall-Koperazzjoni dwar proġetti ta’ Żvilupp fin-Nofsinhar u t-Tramuntana tar-Reġjun tal-Mediterran
Malta u l-Bank Ewropew għar-Rikostruzzjoni u l-Iżvilupp (EBRD) qed jesploraw opportunitajiet sabiex jikkoperaw f’operazzjonijiet ta’ żvilupp tal-Bank fin-Nofsinhar u t-Tramuntana tal-Mediterran. Il-President tal-EBRD Sir Suma Chakrabarti, flimkien ma’ delegazzjoni tal-EBRD, kien f’Malta llum, fuq stedina tal-Ministru għall-Finanzi l-Prof. Edward Scicluna, sabiex jattendi laqgħat ta’ livell għoli ma’ Ministri varji u uffiċjali għolja tas-settur privat Malti.…
-
Government Finances in line with 2014 Budget Projections – Videoblog 52
Minister for Finance Prof. Edward Scicluna discusses the fast-approaching Budget Period, and preparations that are underway within the Ministry for Finance in this regard. He explains that during this time, the Ministry would not only be analyzing the government’s finances and comparing them against projections, but also determining those proposals that will be…
-
Do taxpayers trust governments with their money? – Videoblog 51
Finance Minister Prof. Edward Scicluna discusses the Fiscal Responsibility Act, which he presented recently for its Second Reading in Parliament. Minister Scicluna underlines that the Act is important because it establishes certain checks and balances on all future Maltese governments to keep public finances on track in an accountable and transparent manner. He explains…