Minister for Finance, Prof. Edward Scicluna attended the yearly commemoration of the two Chinese engineers who died while working on the construction of the No. 6 Drydock in 1979. PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE   The commemoration took place on Qingming, a Chinese public holiday in which Chinese traditionally pay their respects…

The European Investment Bank (EIB) has approved a number of projects to be carried out in Malta, including one on social housing.    PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE   This was announced during a signing ceremony held at the Ministry for Finance, between Minister Edward Scicluna and the President of the EIB…

Waqt konferenza tal-aħbarijiet, il-Ministru għall-Familja u Solidarjetà Soċjali Michael Farrugia u l-Ministru għall-Finanzi Edward Scicluna laqgħu b’mod pożittiv ir-riżultati ppubblikati mill-Uffiċċju Nazzjonali tal-Istatistika dwar Income & Living Conditions 2015.   STQARRIJA MILL-MINISTERU GĦALL-FAMILJA U SOLIDARJETÀ SOĊJALI U MILL-MINISTERU GĦALL-FINANZI Fost it-titjib jispikka li r-riskju ta’ faqar u l-esklużjoni soċjali fost dawk taħt it-18-il sena naqas…

Il-Budget għas-sena 2017 huwa wieħed li ser isir f’ċirkustanzi partikolari fejn Malta qed tgawdi minn ekonomija b’saħħitha fi klima internazzjonali inċert minħabba fl-elezzjonijiet fi Franza u l-Ġermanja, u l-Brexit. Dan qalu l-Ministru għall-Finanzi, l-Prof. Edward Scicluna hekk kif indirizza l-Kunsill Malti għall-Iżvilupp Ekonomiku u Soċjali (MCESD) flimkien mal-Ministru għad-Djalogu Soċjali, Affarijiet tal-Konsumatur u Libertajiet Ċivili…

In its latest report on Malta, DBRS Ratings Limited confirmed the country’s stable outlook and its ‘A’ rating, referring to the country’s economic resilience, thanks to its low reliance on external financing and its successful efforts at restructuring state owned enterprises which had run into financial difficulties. The stable outlook reflected DBRS assessment of risks which it expects to…

An increase of €454.1 million or nearly 36 per cent was recorded in Malta’s exports net of fuels for the period January to July of this year.   PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE The highest increase was recorded in the chemical sector where exports of chemicals rose from €220.2 million in January…

The Minister for Finance, Prof Edward Scicluna yesterday held various meetings with a number of Chairmen and Presidents of leading international financial institutions on the margins of the Eurofi Financial Forum being held in Bratislava, Slovakia during which the future of the European Union, especially in the light of Brexit, was discussed.   PRESS RELEASE…

Minister for Finance, Prof Edward Scicluna addressed a seminar held at the Malta Stock Exchange, which brought together financial practitioners and industry stakeholders together with the Listing Committee of the Malta Financial Services Authority. PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE Having held active roles in both industry and as regulator, Minister Scicluna said…

The strong momentum exhibited by the Maltese economy during the last three years has continued during the first half of this year. Indeed, figures published by the NSO show that the Maltese economy grew by 4.1 per cent in real terms during the first half of 2016, comparing favourably with the average growth for the…

This morning, Minister for Finance Edward Scicluna left Malta to participate in the informal meeting of the Economic and Financial Affairs Council (ECOFIN), the Eurogroup, and the Eurofi Financial Forum, which will be held this week in Bratislava.   PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE During these meetings, Minister Scicluna will discuss a…