Category: News

  • Finance Minister receives Dutch ambassador ahead of conference on European political, economic and financial issues

    Finance Minister receives Dutch ambassador ahead of conference on European political, economic and financial issues

    On Tuesday 3 November, the Minister for Finance Edward Scicluna received a courtesy visit from the Ambassador of the Kingdom of the Netherlands, Mr Johannes Jacobus Peter Nijssen.     The meeting focused primarily on Malta and The Netherlands’ role as part of the trio of countries – together with Slovakia – presiding over the…

  • Government successful in broadening tax base and combating tax evasion

    Government successful in broadening tax base and combating tax evasion

    Figures released by NSO today show that total tax revenue increased by €167.1 million in 2013 and by a further €260.6 million in 2014. This increase was the result of the strong economic performance recorded since 2013 which augmented wages and earnings of households as well as increased profits by firms.     These figures…

  • Il-Ministru Scicluna jitlob lill-MCCAA tgħarrfu kif se twettaq ir-rakkomandazzjonijiet dwar il-prattiċi tal-banek dwar is-self lin-negozji żgħar

    Il-Ministru Scicluna jitlob lill-MCCAA tgħarrfu kif se twettaq ir-rakkomandazzjonijiet dwar il-prattiċi tal-banek dwar is-self lin-negozji żgħar

    Il-Ministru għall-Finanzi Edward Scicluna qal li se jkun qed jikteb lill-Awtorità għall-Kompetizzjoni u l-Affarijiet tal-Konsumatur (l-MCCAA) u jitlobha tinfurmah kif se tkun qed timplimenta r-rakkomandazzjonijiet li għamlet hi stess wara l-investigazzjoni li għamlet dwar il-prattiċi tal-banek lokali fir-rigward tas-self lin-negozji ż-żgħar. Il-Ministru kien qed iwieġeb għall-mistoqsijiet ta’ imprendituri żgħar u medji waqt seminar konsultattiv organizzat…

  • Minister Scicluna meets Federation of European Securities Exchanges Secretary General

    Minister Scicluna meets Federation of European Securities Exchanges Secretary General

    Minister for Finance Edward Scicluna, has received a visit from the Secretary General of the Federation of European Securities Exchanges (FESE), Mr Rainer Riess, who is currently in Malta on a preparatory visit in connection with the Annual FESE Convention that will be held on the island in June 2016. PRESS RELEASE ISSUED BY THE…

  • On track to reach fiscal targets

    On track to reach fiscal targets

    Government finance data for the first nine months of 2015 show that the consolidated fiscal balance improved by €122.3 million when compared to last year.       Revenue streams retained their momentum, with recurrent revenue increasing by €285.6 million during the first three quarters. The main drivers of this increase were revenue from customs…

  • Finance Minister addresses European Audit Inspection Group plenary meeting

    Finance Minister addresses European Audit Inspection Group plenary meeting

    Finance Minister, Edward Scicluna addressed the first plenary meeting of the European Audit Inspection Group (EAIG) to be held in Malta. The two-day conference, which brought together 57 delegates from all European Union and European Free Trade Association Member States, was held at the Palace Hotel, Sliema, this week.   PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE   The primary purpose of the…

  • Finance Ministry’s comments on Deutsche Bank’s restructuring decisions affecting their worldwide operations

    Finance Ministry’s comments on Deutsche Bank’s restructuring decisions affecting their worldwide operations

    The Ministry for Finance notes the announcement made today that, as part of its major restructuring process, Deutsche Bank will be closing operations in ten countries worldwide, four of which are in Europe: Denmark, Finland, Norway and Malta. PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE “It is of course disappointing to note that in…

  • Tiftaħ Dar l-iStudent ġewwa l-MCAST

    Tiftaħ Dar l-iStudent ġewwa l-MCAST

    Iktar kmieni llum ġiet imnedija uffiċjalment Dar l-iStudent ġewwa l-MCAST fejn proġett ta’ 4200 sqm fetaħ il-bieb tiegħu għall-ewwel darba.   STQARRIJA MILL-MINISTERU GĦALL-EDUKAZZJONI U X-XOGĦOL, MILL-MINISTERU GĦALL-FINANZI U MIS-SEGRETARJAT PARLAMENTARI GĦALL-PRESIDENZA UE 2017 U GĦALL-FONDI EWROPEJ Għall-ftuħ ta’ dan il-proġett, ko-finanzjat minn fondi Ewropej b’valur totali ta’ 19–il miljun ewro, attendew għalih il-Ministri Evarist…

  • Rilokazzjoni tad-Dipartiment tal-Politika Ekonomika bħala parti minn proċess ta’ ristrutturazzjoni

    Rilokazzjoni tad-Dipartiment tal-Politika Ekonomika bħala parti minn proċess ta’ ristrutturazzjoni

    Il-Ministru għall-Finanzi, Edward Scicluna, ta merħba lill-impjegati tad-Dipartiment tal-Politika Ekonomika (Economic Policy Division – EPD) li ġew rilokati għal uffiċċji ġodda fil-binja prinċipali tal-Ministeru għall-Finanzi, il-Belt. Dan sar bħala parti minn proċess ta’ ristrutturazzjoni li għaddej bħalissa bil-għan li jkompli jiġi integrat il-kontribut tad-Dipartiment, filwaqt li jissaħħaħ il-proċess tat-tħejjija tal-Baġit.   STQARRIJA MILL-MINISTERU GĦALL-FINANZI Il-Prof.…

  • Aktar edukazzjoni u protezzjoni għall-investituri ż-żgħar

    Aktar edukazzjoni u protezzjoni għall-investituri ż-żgħar

    Il-Gvern huwa impenjat li jinkoraġġixxi lin-nies biex jinvestu flushom b’modi li jirrendulhom aktar mingħajr ma jidħlu f’riskji żejda. Jemmen ukoll li aktar kumpaniji Maltin għandhom jiġu kkwotati fil-Borża ta’ Malta. Għal dan il-għan, hemm bżonn li f’dan il-qasam ikun hemm aktar edukazzjoni u protezzjoni. Dan qalu l-Ministru għall-Finanzi Edward Scicluna waqt id-diskors tal-ftuħ ta’ konferenza…