“The Economic and Monetary Union (EMU) has brought about significant benefits effecting the everyday life of individuals and firms within the euro area, where it has created trade and jobs through the provision of free access to markets”, said Minister for Finance Edward Scicluna. This was stated while the minister was addressing ‘The Economic &…

Fiċ-ċelebrazzjoni ta’ Jum id-Dwana, il-Ministru għall-Finanzi Edward Scicluna inawgura s-sezzjoni ġdida tal-klieb li se jkunu qed jintużaw biex ikunu identifikati prodotti tat-tabakk, droga u flus li jkunu qed jiddaħħlu b’mod illegali. STQARRIJA MILL-MINISTERU GĦALL-FINANZI Il-Ministru Scicluna, filwaqt li semma’ l-investiment f’apparat b’teknoloġija sofistikata li sar u li se jibqa’ jsir,  kif ukoll dak li sar…

The subsidiary company of the Malta Stock Exchange, MSX Plc, signed a memorandum of understanding with Binance—the world’s largest cryptocurrency exchange by trading volume—at the Malta Stock Exchange premises in Valletta. The Chairman of the Malta Stock Exchange, Joseph Portelli, and the CFO of Binance, Wei Zhou, were the signatories of this MoU. PRESS RELEASE…

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…

“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…

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…

“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…

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…

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’…

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…