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PN confuses basics on pensions
The Nationalist Party’s bizarre assertion that government changed its policy on the Second Pillar Pension shows that it does not understand the basics on the subject matter. The working group which was mentioned by the Finance Minister was promised in the 2016 Budget and talks about “fiscal benefits for employers who promote private pension…
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Il-Kummissjoni Ewropea tikklassifika lil Malta bħala pajjiż “above average” fix-xiri bil-kuntratti
“Rapport li ġie maħruġ mill-Kummissjoni Ewropea dwar l-andament u l-effiċjenza tal-għoti ta’ kuntratti pubbliċi fl-Istati Membri, juri li Malta ġiet klassifikata ma’ dak in-nukleju ta’ ftit pajjiżi li ir-riżultat tagħhom huwa eċċellenti.” Dan iddikjarah ilbieraħ il-Ministru għall-Finanzi Edward Scicluna waqt konferenza mtella’ mid-Dipartiment tal-Kuntratti ġewwa l-lukanda Le Meridien, San Ġiljan. Il-Ministru Scicluna kien qed…
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Public expenditures within budget and tax revenue outperforming projections
Latest Government Finance Data issued today by the National Statistics Office (NSO), show that Government’s finances for the first two months of this year are in line with projections. Tax revenue for the first two months of 2016 increased by €47.0 million over the same period of last year and was also above what…
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Imnedija inċentivi għal min jagħżel li jibqa’ jaħdem u ma japplikax għall-pensjoni fl-età ta’ 61 sena
Waqt konferenza tal-aħbarijiet il-Ministru għall-Finanzi Edward Scicluna flimkien mal-Ministru għall-Familja u Solidarjetà Soċjali Michael Farrugia, kien imniedi mekkaniżmu ta’ inċentiv għal dawk il-persuni li jibqgħu jaħdmu u ma japplikawx għall-pensjoni meta jkollhom dritt għaliha. Il-Ministru għall-Finanzi qal li dan il-mekkaniżmu bħal ħafna miżuri oħrajn f’budgets li għaddew mhuwiex biss ta’ benefiċċju għal persuni u…
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Minister for Finance Edward Scicluna leads Malta Stock Exchange delegation to China
The Malta Stock Exchange organised a business development visit to Beijing and Shanghai in China to promote the Maltese capital market and the Maltese financial sector to Chinese entities and practitioners. The delegation, led by Minister for Finance Edward Scicluna also included Chairman Joseph Portelli and other executives of the Malta Stock Exchange, as well…
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EU Country Report makes Malta Proud
The Minister for Finance, Prof. Edward Scicluna, has welcomed the European Commission’s 2016 Malta Country Report, published on 26 February 2016, while adding that the Government wants to redouble its efforts at reinforcing Malta’s economic growth in order to ensure that all Maltese reap the benefits of the country’s success. Speaking after the…
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Economic momentum upped in 2015
In 2015, the Maltese economy continued to excel recording the highest growth over the last one and a half decade. In fact, the official figures show that real GDP increased by 6.3 per cent in real terms while in nominal terms the Maltese economy is estimated to have grown by 8.8 per cent. …
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Government’s finances for January in line with fiscal projections
Latest Government Finance Data issued today by the National Statistics Office (NSO) shows that Government’s finances for the first month of this year are in line with fiscal projections for 2016. PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE In January of this year, recurrent expenditure remained unchanged when compared to last year mainly…
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SME-oriented capital markets platform to be launched soon on the Stock Exchange
Yet another measure announced in the Budget 2016 will come into force with the launch of a multilateral trading facility aimed at providing SMEs looking to raise between €1m and €5m to finance their expansion and development with opportunities of direct financing by investors in the market in an efficient and regulated manner and without…
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Proġett ta’ miljun ewro fil-‘kindergarten’ ta’ San Ġwann
Il-Ministru tal-Edukazzjoni, Evarist Bartolo, u l-Ministru tal-Finanzi, Edward Scicluna, ilbieraħ żaru l-kindergarten il-gdid ta’ San Ġwann, fejn sar investiment ta’ miljun ewro f’xogħol ta’ tisbiħ, manutenzjoni u bini ta’ klassijiet ġodda. Huma żaru l-klassijiet il-ġodda u tkellmu mal-għalliema u t-tfal fuq l-ambjent il-ġdid tagħhom. STQARRIJA MILL-MINISTERU GĦALL-EDUKAZZJONI U X-XOGĦOL U L-MINISTERU GĦALL-FINANZI Il-Ministru…