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Ministry For Finance Publishes Half-Yearly Report for 2016
The Ministry for Finance today tabled in Parliament the half-yearly report for 2016 in line with Article 39 of the Fiscal Responsibility Act. This is the second half-yearly report since the enactment of the Fiscal Responsibility Act in August 2014. In line with Article 39(8), the half-yearly report provides a review of the…
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Fondazzjoni tal-Impjegati tal-GO
Matul l-aħħar xhur, il-Gvern kien impenjat f’taħdidiet mat-tmexxija tal-Fondazzjoni tal-Impjegati tal-GO biex tinstab triq għall-ġejjieni sostenibbli għal din il-fondazzjoni u biex issir ġustizzja ma’ ħaddiema preżenti u passati. Kien intlaħaq ftehim mat-tmexxija tal-Fondazzjoni, liema ftehim iżda ma ġiex aċċettat mill-membri. Minflok, il-membri, jiġifieri l-impjegati preżenti tal-GO, qed jipproponu lill-Gvern li l-Fond jiġi llikwidat u li wara li…
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L-intraprenditorija privata ssuq lis-suq u l-ekonomija
“L-iżvilupp ekonomiku ta’ pajjiżna jiddependi mis-sens ta’ intraprenditorija tas-settur privat Malti, fejn il-Gvern għandu jidħol biss biex iwieżen setturi li mhumiex attraenti għal dan it-tip ta’ investiment”. Dan qalu llum il-Ministru għall-Finanzi Edward Scicluna waqt it-tnedija tal-premju Malta’s Best Entrepreneur of the Year Awards 2016 fi Smart City. Il-Ministru Scicluna spjega li r-rwol tal-Gvern fi ħdan l-ekonomija…
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€50 miljun fi proġetti f’Għawdex
Il-Ministru għal Għawdex Anton Refalo u l-Ministru għall-Finanzi Edward Scicluna żaru diversi proġetti f’Għawdex, proġetti li jammontaw għal investiment ta’ €50 miljun. Uħud minn dawn il-proġetti qegħdin f’fażi avvanzata, oħrajn tlestew fil-ġimgħat li għaddew, filwaqt li oħrajn waslu biex jibdew. “L-iskop ta’ din iż-żjara,” qal il-Ministru għall-Finanzi, “huwa li wieħed jara mill-qrib l-investiment qawwi li qed…
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Current turmoil in MENA region to be fought by education and job creation
The current turmoil in the EU, the Middle East and North Africa is undermining economic growth in the region. Dialogue, networking and cooperation are the tools through which this impasse can be overcome. Minister for Finance Edward Scicluna made this statement today whilst addressing the Malta-Libya-Tunisia-Algeria-Morocco Trade Exhibition & B2B Networking Forum event entitled…
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Minister Scicluna argues for fair and balanced application of EU fiscal and state aid rules
Minister for Finance Edward Scicluna stated that there is need for a fair and balanced approach to the application of EU rules governing the public finances in order to ensure that they work in the interest of citizens. From right to left: Malta’s Minister for Finance Edward Scicluna together with his Italian and Dutch…
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Malta to continue as a faster-growing Eurozone economy
The Minister for Finance Edward Scicluna welcomes the latest credit rating report by Standard & Poor’s which expects the Maltese economy to continue being one of the faster-growing economies in the Eurozone. The credit rating agency re-affirmed Malta’s outlook as positive while reiterating its overall rating at BBB+/A-2. Standard & Poor’s considers that the…
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Significant decline in 2016 first quarter deficit
The latest General Government data published by the National Statistics Office (NSO) shows a reduction of €116 million in the deficit during the first quarter of the current year, when compared with the first quarter of 2015. The significant reduction in the deficit was driven by a combination of a fall in expenditure and an increase in…
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Ministry for Finance publishes Annual Report for 2015
The Ministry for Finance (MFIN) has published today the annual report for 2015 in line with Article 41 of the Fiscal Responsibility Act. This is the second annual report since the enactment of the Fiscal Responsibility Act in August 2014. PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE In line with Article 41(2), the…
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Lowest January to May deficit on record
Latest Government Finance Data issued today by the National Statistics Office (NSO) shows that the consolidated fund deficit for the first five months of this year declined by €47.5 million to €71.3 million, thus becoming the lowest January to May deficit since Malta became an EU member. PRESS RELEASE ISSUED BY THE MINISTRY FOR…