The International Monetary Fund (IMF) projects a strong outlook for the Maltese economy, with economic growth expected to remain solid in 2016 and 2017. It also notes the robust economic growth that has beenrecorded by the country’s economy, helped by policy initiatives and supported by vibrant domestic demand, large infrastructure projects, and a stable banking sector.     In its Staff Report…

“On behalf of the Government of Malta I would like to congratulate the People’s Republic of China for the efficient and effective way AIIB has been turned from an idea into reality over such a short period. PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE We can say with confidence that this inaugural meeting is…

Malta’s continued belief that the European Union Member States’ competences in the area of taxation should be safeguarded by maintaining consensus-based decision-making processes within the EU was on top of the agenda during a bilateral meeting between Finance Minister, Prof. Edward Scicluna and European Commissioner for Economic and Financial Affairs, Taxation and Customs, Pierre Moscovici.…

Latest international trade figures published by NSO show that during the period January to November of last year, Malta continued to register positive results in the external sector with a further narrowing of the trade deficit, as exports net of fuels re-exports increased by €16.1 million.   The positive performance in the export sector was…

The Ministry for Finance welcomes the latest rating by the international credit rating agency Standard & Poor’s. In its assessment, Standard and Poor’s reaffirmed Malta’s rating at BBB+ / A-2 with a positive outlook. This is based on Malta’s favourable economic growth prospects and the gradual budgetary consolidation which should place the debt-to-GDP ratio on…

Government Finance Data issued today by the National Statistics Office (NSO) shows that Government’s finances for January to November of this year are in line with projections. Figures show that the consolidated fund deficit continued to decline, underpinned by the higher revenue which was spurred by strong economic growth, while expenditure in priority sectors was…

Il-Ministru għall-Finanzi, il-Prof. Edward Scicluna, esprima l-fiduċja sħiħa tiegħu li, bl-impenn kollettiv sħiħ tal-impjegati tat-Taqsima għall-Ġestjoni tal-Fondi tal-UE fi ħdan id-Dipartiment tat-Teżor, Malta se jirnexxilha tilħaq il-mira tagħha li tassorbi ’l fuq minn 90 fil-mija mill-programm ta’ fondi Ewropej għall-perjodu bejn l-2007 u l-2013.  STQARRIJA GĦALL-ISTAMPA MILL-MINISTERU GĦALL-FINANZI Il-Ministru kien qed jitkellem waqt żjara ta’…