Category: News

  • Standard and Poor’s affirms Malta’s rating at A-/A-2 with a positive outlook

    Standard and Poor’s affirms Malta’s rating at A-/A-2 with a positive outlook

    The Ministry for Finance welcomes the latest credit rating report, published by Standard and Poor’s, which affirmed Malta’s short and long-term sovereign credit rating at ‘A-/A-2’ with a positive outlook. PRESS RELEASE BY THE MINISTRY FOR FINANCE Standard and Poor’s attributes Malta’s positive rating to its strong growth performance, recurring current account surpluses driven by…

  • €23.6 Miljun jingħataw lil aktar minn 29,000 sid ta’ vettura għal taxxa żejda mitluba bejn is-sena 2004 u 2008

    €23.6 Miljun jingħataw lil aktar minn 29,000 sid ta’ vettura għal taxxa żejda mitluba bejn is-sena 2004 u 2008

    Il-Ministru għat-Trasport, Infrastruttura u Proġetti Kapitali Ian Borg u l-Ministru għall-Finanzi Edward Scicluna nedew għal darboħra l-iskema tar-rifużjoni tat-taxxa żejda li ġiet imħallsa fuq ir-reġistrazzjoni tal-vetturi bejn l-2004 u l-2008. Din is-sena, il-vetturi eliġibbli huma dawk li ġew irreġistrati f’Malta mill-1 ta’ Jannar 2008 sal-31 ta’ Diċembru 2008. STQARRIJA MILL-MINISTERU GĦALL-FINANZI U MILL-MINISTERU GĦAT-TRASPORT, INFRASTRUTTURA…

  • Malta wants a global solution at the OECD level on Digital Tax

    Malta wants a global solution at the OECD level on Digital Tax

    The Commission’s digital advertising tax proposal was rejected by the finance ministers at today’s ECOFIN meeting. The arguments for this rejection focused mainly on the discussions at OECD level, which highlights the importance of having a global agreement for such a tax, rather than solely a European initiative, and which could have hindered the EU’s…

  • Malta continues to be one of the fastest growing economies in the eu

    Malta continues to be one of the fastest growing economies in the eu

    The Ministry for Finance welcomes the latest GDP data published by the NSO which showed that the Maltese economy grew by 6.6 per cent in 2018, securing its position as one of the fastest growing economies in the EU. PRESS RELEASE BY THE MINISTRY FOR FINANCE “Malta’s economic growth for 2018 exceeded expectations since actual…

  • Meeting with German member of the Bundestag Christoph Ploss

    Meeting with German member of the Bundestag Christoph Ploss

    The Minister for Finance receives Member of the German Parliament Minister for Finance Prof. Edward Scicluna held a bilateral meeting today 7th March 2019 with Dr Christoph Ploss, member of the Bundestag on behalf of the CDU and Malta Rapporteur. During the meeting held at the Ministry for Finance in Valletta, they discussed issues of mutual…

  • OECD report presented by OECD Head of the Public Procurement Unit

    OECD report presented by OECD Head of the Public Procurement Unit

    The Minister for Finance Prof. Edward Scicluna held a meeting with the Head of the Public Procurement unit at the OECD Public Governance Directorate Mr. Paulo Magina who presented a copy of the OECD report commissioned by the Government of Malta entitled ‘Re-engineering the Department of Contracts’.   In 2016 the Government of Malta had…

  • Rapporti li juru li għandna sistema finanzjarja u bankarja reżiljenti

    Rapporti li juru li għandna sistema finanzjarja u bankarja reżiljenti

    “Ir-rapporti ppubblikati l-ġimgħa l-oħra mill-Fond Monetarju Internazzjonali u l-Kummissjoni Ewropea, jagħtu stampa pożittiva dwar Malta u jirrimarkaw kif il- Gvern miexi fid-direzzjoni t-tajba f’diversi oqsma”. Dan intqal mill-Ministru għall-Finanzi Edward Scicluna waqt konferenza tal-aħbarijiet fil-Ministeru għall-Finanzi fil-Belt. Il-konferenza ġiet indirizzata wkoll mis-Segretarju Parlamentari għas-Servizzi Finanzjarji, Ekonomija Digitali u Innovazzjoni, Silvio Schembri. STQARRIJA MILL-MINISTERU GĦALL-FINANZI U…

  • F’Għawdex biex niddiskutu l-potenzjal għal investiment barrani mar-rappreżentanti tas-settur privat Għawdxi

    F’Għawdex biex niddiskutu l-potenzjal għal investiment barrani mar-rappreżentanti tas-settur privat Għawdxi

    Il-Ministru għall-Finanzi Edward Scicluna u l-Ministru għal Għawdex Justyne Caruana laqqgħu lir-rappreżentanti tas-setturi ekonomiċi Għawdxin mas-Sinjura Sophie Chen, koordinatur ta’ delegazzjoni ta’ investituri Ċiniżi biex jiddiskutu l-potenzjal għal investiment f’Għawdex. STQARRIJA MILL-MINISTERU GĦALL-FINANZI U MILL-MINISTERU GĦAL GĦAWDEX Il-Ministru Scicluna qal li huma ħafna d-delegazzjonijiet u anke investituri li jżuru Malta biex jiddiskutu l-investiment, madanakollu huma…

  • It-tnedija ta’ skema ta’ benefiċċji għal min isofri aċċidenti personali fuq ix-xogħol għall-impjegati tal-Forzi Dixxiplinati u uffiċjali tad-Dwana

    It-tnedija ta’ skema ta’ benefiċċji għal min isofri aċċidenti personali fuq ix-xogħol għall-impjegati tal-Forzi Dixxiplinati u uffiċjali tad-Dwana

    Membri tal-Forzi Dixxiplinati u uffiċjali tad-Dwana se jkunu qed jingħataw sa erba’ snin paga jew €180,000 f’każ ta’ incident serju fuq il-post tax-xogħol. STQARRIJA MILL-MINISTERU GĦALL-FINANZI U MILL-MINISTERU GĦALL-INTERN U S-SIGURTÀ NAZZJONALI Dan ħabbru l-Ministru għall-Finanzi Edward Scicluna u l-Ministru għall-Intern u s-Sigurtà Nazzjonali Michael Farrugia waqt konferenza tal-aħbarijiet fil-kwartieri ġenerali tad-Dwana fil-Belt Valletta, fejn…

  • Institute of Financial Services Practitioners

    Institute of Financial Services Practitioners

    Minister for Finance Edward Scicluna addressed the members of the Institute of Financial Services Practioners at a conference entitled, ‘Striking a balance for financial services, regulation and competitiveness’. Minister Scicluna said that regulators and regulatory institutions need to be strengthened not destroyed or damaged. He referred to the AML/CFT work plan in this regard: “We…