“The structural reforms and prudent fiscal policies implemented by the government over the recent years have contributed towards another positive credit rating for our country. Fitch affirmed Malta’s rating at ‘A+’ with a stable outlook. This continues to put minds at rest that the country can optimistically keep on looking forward”, said Minister for Finance…

That PN spokesperson for finance Dr Mario Demarco finds himself in a state of denial and in a panic mode at the present time is understandable and may in some way explain the pathetic opinion piece of his in today’s Times of Malta. And with reason. His beloved party is in tatters a few months before…

Minister for Finance Edward Scicluna welcomes the latest Government Finance Data, published by the NSO, which shows that in June of this year there was a reduction of €26 million in the Consolidated Fund Deficit. Indeed, total revenue increased by €60 million while total expenditure increased by €35 million. PRESS RELEASE BY THE MINISTRY FOR FINANCE…

The Malta Stock Exchange has launched its subsidiary ‘MSX PLC’. This subsidiary will be entering into strategic joint ventures with reputable international companies in the areas of blockchain and cryptocurrency exchanges thereby expanding the operations of the MSE.   The ‘MSX PLC’ will be the fintech and digital asset arm of the Malta Stock Exchange.…

The Government of Malta, and the Ministry for Finance in particular, take note of the Reasoned Opinion that was issued earlier today (Thursday 19th July 2018) by the European Commission, based on alleged gaps with regard to Malta’s transposition of the 4th Anti-Money Laundering Directive into Maltese legislation. The Maltese authorities would like to acknowledge…

Minister for Finance Edward Scicluna welcomes the European Commission’s 2018 Summer Economic Forecast which commended Malta’s economic growth, noting that Malta’s GDP growth rate is one of the highest in the EU. PRESS RELEASE BY THE MINISTRY FOR FINANCE The European Commission expects economic growth in Malta to remain robust over the forecast horizon fuelled…

Kif diġà ħabbar il-Ministru għall-Finanzi Edward Scicluna, il-Kummissarju tat-Taxxi ser ikun qed jeżenta lill-pensjonanti li għandhom pensjoni tal-Awstralja milli jħallsu taxxa addizzjonali u interessi dovuti u jħallsu biss €20 ta’ darba bħala multa. STQARRIJA MILL-MINISTERU GĦALL-FINANZI Għaldaqstant, dawk il-pensjonanti li diġà ħalsu l-multa se jirċievu ċekk ta’ rifużjoni (refund) bil-posta jew dirett fil-kont bankarju tagħhom.…

Waqt konferenza stampa li saret fil-Gozo Business Centre, Victoria, il-Ministru għall-Finanzi Edward Sciculna qal li, “l-iżvilupp sostenibbli tal-gżira Għawdxija jiddependi mis-settur privat. Il-Gvern għandu rwol li jinċentiva lis-settur privat sabiex l-ekonomija tkompli miexja ‘l quddiem”. STQARRIJA MILL-MINISTERU GĦALL-FINANZI U L-MINISTERU GĦAL GĦAWDEX Waqt it-tnedija tal-iskema biex is-settur privat Għawdxi joħloq aktar impjiegi, il-Ministru Scicluna semma’…

Minister for Finance Edward Scicluna welcomes the latest Labour Force Survey data, published by the NSO, which shows that during the first quarter of this year, employment grew by a remarkably high rate of 5.7 per cent.  PRESS RELEASE BY THE MINISTRY FOR FINANCE As a result, the employment rate rose to 68.1 per cent.…

Minister for Finance Edward Scicluna participated and addressed the 2018 Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) which was held in Mumbai, India between the 24th and 26th June. The AIIB today consists of 86 members, including regions that span beyond Asia. PRESS RELEASE BY THE MINISTRY FOR FINANCE In…