Il-Budget għall-2017, fost il-ħafna miżuri mmirati biex itejbu l-qagħda soċjali ta’ min għandu dħul baxx u medju, fih pakkett ta’ 20 miżura mmirati speċifikament għall-pensjonanti.     Dan qalu l-Ministru għall-Finanzi Edward Scicluna waqt li indirizza konferenza tal-aħbarijiet dwar il-miżuri tal-budget favur il-pensjonanti mal-Ministru għall-Familja u Solidarjetà Soċjali Dr Michael Farrugia.   STQARRIJA KONĠUNTA MAĦRUĠA…

“The budgetary measures and reforms carried out by government in the last three years have been vindicated to the full by the latest credit rating report by Standard and Poor’s which raised Malta’s rating from ‘BBB+’ to ‘A-’, the first time it raised Malta’s credit rating in 20 years,” stated Minister for Finance, Prof Edward…

Minister for Finance Edward Scicluna announced the formation of a Joint Enforcement Task Force (JET) which will bolster the government’s efforts at combating the black economy.     Speaking during a press conference, Minister Scicluna explained that through JET, the government will channel the resources and technical knowhow of the Income Tax Department, VAT Department…

B’effett minn dan ix-xahar, se jkunu qed jidħlu fis-seħħ regoli ġodda dwar il-mod ta’ kif il-Gvern jixtri prodotti u servizzi, proċess magħruf bħala public procurement. Dawn ir-regoli se jwasslu għal proċessi aktar effiċjenti, flessibbli, b’inqas burokrazija u b’aktar trasparenza. Ir-regoli se jwasslu wkoll biex Malta tkun konformi mar-regolamenti u direttivi tal-Unjoni Ewropea.   STQARRIJA KONĠUNTA…

Minister for Finance Edward Scicluna has told the Euro area Finance Ministers that “discussions on country experiences with respect to raising efficiency in the health-care sector are always useful in view of the increasing cost of health-care on top of demographic pressures, including an ageing population.”   PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE…

Minister for Finance, Prof Edward Scicluna is holding talks with senior officials of leading international financial institutions on the margin of the 2016 International Monetary Fund (IMF) and World Bank Group (WBG) Annual Meetings in Washington D.C., USA between 7th and 9th October 2016. PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE   Minister Scicluna is discussing…

Malta fully supports global initiatives such as the OECD’s Base-erosion profit sharing (BEPS) and the Anti-Tax Avoidance Directive which was inspired by it, as they guarantee fair taxation competition between countries.   PRESS RELEASE BY THE MINISTRY FOR FINANCE Minister for Finance Edward Scicluna made this assertion as he addressed a graduation ceremony of the…

Speaking in a pre-recorded message during the first edition of the Malta Maritime Summit, Minister for Finance Edward Scicluna recalled how the EU emerged from the global economic crisis in worse shape than the US and, in addition, with a spate of legislation aimed at deterring the effects that brought it about. He explained that…

Minister for Finance Edward Scicluna stated that risk is a matter of concern which needs to be carefully managed, while risk aversion in itself can potentially stifle investment especially in relation to emerging markets.   While speaking during a seminar organised by the Minister Federation of European Risk Management Associations (FERMA), Minister Scicluna described the…

A surplus of €61.9 million was recorded in the consolidated fund during the month of August while the deficit for the first eight months of this year decreased to almost half that recorded last year.   PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE   This data emerged from the latest Government Finance Data issued…