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Private sector driving Malta’s robust growth
The latest NSO news release on the gainfully occupied population confirms that the private sector continues to be the driving force behind the generation of employment and robust economic growth in Malta. Indeed, out of a total of 9,900 new jobs created last year, 8,690 were generated by the private sector. This means that out…
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2018 Annual Meeting of the EBRD
“Given our strategic location, links with Africa in general and the Southern Mediterranean in particular are considered a priority by our government with the aim of promoting sustainable investment in the region and in tackling the root causes of migration. We are therefore pleased that the bank has expanded its operations in the remaining North African…
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The Central Bank of Malta’s 50th anniversary conference
“The Central Bank of Malta’s journey over the last 50 years has been one of impressive progress – from modest beginnings in 1968 to a fully-fledged member of the euro area. Its role has changed considerably, but it has always remained instrumental in supporting Malta’s economic development over the years,” stated Finance Minister Edward Scicluna.…
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The EU Network of First Instance Public Procurement Review Bodies
Accounting for 15-20% of global GDP, public procurement represents a substantial portion of an EU economy. These figures reaffirm the importance of public tenders having transparent and clear criteria and specifications.” This was stated by Minister for Finance Edward Scicluna while addressing ‘The EU Network of First Instance Public Procurement Review Bodies Conference’, hosted by…
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Sustained economic growth – European Commission
Minister for Finance Edward Scicluna welcomes the latest European Commission 2018 Spring Forecast, which expects Malta’s strong economic growth and the current account and budget balance surpluses to be sustained over the forecast period. “The Commission has once more confirmed through its Spring Forecast Malta’s economic and fiscal sustainability as evidenced by the forecasted fiscal…
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€4.8 miljun se jingħataw lura lil 6,500 applikant permezz tal-Iskema tar-Rifużjoni tal-VAT.
Il-Ministru għat-Trasport, l-Infrastruttura u Proġetti Kapitali Ian Borg, flimkien mal-Ministru għall-Finanzi Edward Scicluna, nedew skema li se tkun qed tkompli twettaq wegħda oħra elettorali. STQARRIJA MILL-MINISTERU GĦAT-TRASPORT, L-INFRASTRUTTURA U PROĠETTI KAPITALI U MILL-MINISTERU GĦALL-FINANZI Il-Ministru Borg qal li din l-okkażjoni ma kinitx biss biex jingħad li l-piż tad-dejn pubbliku qiegħed jonqos, imma biex għal sena…
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Let us seek a permanent multilateral solution with regards to the proposed digital tax
“The European Union should maintain the sense of urgency, but aim at a permanent multilateral solution.” This was stated by Minister for Finance Edward Scicluna, during the Informal Economy and Finance (Ecofin) Ministers meeting, organised by the Bulgarian Presidency of the Council of the EU, in Sofia, on 27-28 April 2018. The meeting enabled the Ministers…
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MAPFRE MSV Life SavviSave launch
“It is clear that the digital economy has transformed our society. This transformation was brought about by advances in information and communications technology. Today, it can be said that most sectors are being impacted in one way or another by the rapid spread of digitalisation,” stated Minister for Finance Edward Scicluna when addressing the SavviSave…
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A general government surplus of €437 million in 2017
“I am pleased to note that we have honoured our commitment of achieving a surplus net of the revenue from IIP”, stated Minister for Finance Edward Scicluna while addressing a press conference held at the Ministry for Finance. PRESS RELEASE BY THE MINISTRY FOR FINANCE The minister stated that the government has succeeded in recording…
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In Washington for IMF/WBG meetings
Minister for Finance Edward Scicluna is attending the 2018 International Monetary Fund (IMF) and the World Bank Group (WBG) spring meetings in Washington D.C., which are being held between 19 and 22 April. These annual meetings serve as a platform for finance and development ministers, central bank governors, private sector executives, and academics to…