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Edward Scicluna is in Washington for the Spring IMF World Bank meetings
The Minister for Finance Edward Scicluna is in Washington for the Spring IMF World Bank meetings. He is holding discussions with the IMF Article IV Mission, the Rating Agencies, the OECD, and a number of EU ministers. Minister Scicluna is accompanied by the CBM Governor Josef Bonnici and Deputy Governor Alfred Mifsud. Sunday 17th April 2016 …
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Poverty reduction resulting from effective budgetary measures
Finance Minister Prof. Edward Scicluna welcomes the latest figures published by Eurostat which confirm that the proportion of people who are severely materially deprived in Malta has decreased in 2015. According to Eurostat figures, the share of severely materially deprived people in Malta fell by 2.1 percentage points in 2015, from 10.2 percent in 2014…
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Finance Minister at EBRD Constituency meeting in Sarajevo
Minister for Finance Edward Scicluna has recently attended the EBRD constituency meeting in Sarajevo, Bosnia and Herzegovina. The meeting focused on a round table discussion on the potential for foreign direct investment in EBRD countries of operations. The Finance Minister was accompanied by the Central Bank of Malta deputy governor Alex Demarco. PRESS RELEASE BY…
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Żjara mill-Ministru għall-Finanzi fid-Dipartiment tal-‘Capital Transfer Duty’
Il-Ministru għall-Finanzi Edward Scicluna żar id-Dipartiment tal-Capital Transfer Duty kmieni din il-ġimgħa fejn iddawwar mal-post u ġie introdott mal-impjegati mid-Direttur tad-Dipartiment, is-Sinjura Josette Galdes. STQARRIJA MILL-MINISTERU GĦALL-FINANZI [nggallery id=301] Il-Ministru ngħata wkoll deskrizzjoni qasira tax-xogħol li jsir f’kull sezzjoni ta’ dan id-dipartiment, fosthom il-Monte di Pietà, fejn il-Ministru ġie spjegat bix-xogħol li…
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Malta – A Successful Mediterranean Economy
Minister for Finance Edward Scicluna was recently invited to a high-level seminar organised in Rabat, Morocco, entitled “Seven Years after the Crisis: Intersecting Perspectives”. PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE The seminar, which was organised by Bruegel and the OCP Policy Center, was made up of four main panels, with each of…
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Finance Minister meets newly appointed US Ambassador
Minister for Finance Edward Scicluna received a courtesy visit by G. Kathleen Hill, the newly appointed US Ambassador to Malta. The meeting referred to the strong ties and close collaboration which exist between the two countries and the need to explore new avenues of collaboration especially in the investment field. …
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L-iskema tal-PN turi problemi mal-banek
Il-Ministru tal-Finanzi, Edward Scicluna, iddeskriva l-iskema tas-self li ħareġ biha l-PN bħala “pyramid scheme” u waħda li turi kif il-PN għandu problemi mal-banek. Huwa ddikjara dan fis-seduta parlamentari tal-lejla, li fiha ġie diskuss l-abbozz ta’ liġi li se jemenda diversi liġijiet relatati mal-qasam tas-servizzi finanzjarji. Scicluna qal li l-iskema taċ-ċedoli li ħareġ biha l-PN hija…
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Another Positive Rating for Our Country
Minister for Finance Prof. Edward Scicluna welcomes the latest credit rating report issued by DBRS Ratings Limited which confirms Malta’s long-term foreign and local currency issuer ratings at A and the short-term foreign and local currency issuer ratings at R-1 (low). It also re-affirms a Stable trend on all ratings. DBRS acknowledges the strong…
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On track to reach the deficit target for third year running
Government Finance Data issued today by the National Statistics Office (NSO) show that Government revenue and expenditure for 2015 are in line with 2016 Budget estimates. This means that the Government is on track in reaching the 1.6 per cent deficit target for 2015. On the revenue side, recurrent revenue increased by €247.6 million…
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Minister Edward Scicluna presents the National Reform Programme to the Social Partners
Minister for Finance Edward Scicluna addressed a joint MEUSAC and MCESD meeting on the National Reform Programme as part of the consultation process with the social partners and civil society. The meeting was chaired by MEUSAC Head Vanni Xuereb. Minister Scicluna explained how the Government is addressing the Commission’s Country Specific Recommendations (CSR’s) and…