-
Malta: the ideal base for international companies to operate from
Malta has reached the required standards that allow international companies in any sector, but particularly in the financial services sector, to be based here and be serviced by highly-qualified and highly-experienced professionals, Minister for Finance Edward Scicluna, said today. He was addressing an event held to celebrate the fifth anniversary of Alter Domus, a European…
-
Malta with third largest fall in the debt to GDP ratio
In its release regarding debt figures for the Euro Area, Eurostat has declared Malta to be the Member State with the third largest fall in its debt to GDP ratio at the end of the second quarter of 2015. PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE These figures corraborate the data released by NSO earlier this week regarding the fall in the absolute value of Malta’s national debt. …
-
Excessive bank regulation weighs on growth – Malta Finance Minister
Europe has overtightened banking regulation, stunting economic growth, and will not have a meaningful recovery until it gets real about reform and infrastructure, Malta’s finance minister, Edward Scicluna, said on Wednesday. Europe needs investments, new infrastructure, must cut youth unemployment, enact meticulous structural reforms and avoid the sort of shocks like the years of austerity,…
-
Consistent progress for Malta’s public finances
Two NSO releases confirm the consistent progress being made with regards to Malta’s public finances. The first release confirms that the Government achieved its deficit target for 2014, 2.1%, and also that national debt fell to 68.3% of GDP, from 69.6% a year earlier. PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE The…
-
L-inqas burokrazija possibbli biex tinġabar id-data uffiċjali
Il-Ministru għall-Finanzi, Edward Scicluna, saħaq fuq l-importanza li l-burokrazija li bilfors irid ikun hemm biex tinġabar id-data uffiċjali essenzjali, ma tgħabbix lin-nies u lin-negozji b’piżijiet li jistgħu jiġu evitati. Huwa kien qed jagħmel id-diskors tal-ftuħ waqt seminar organizzat mill-Uffiċċju Nazzjonali tal-Istatistika llum it-Tlieta 20 ta’ Ottubru 2015 fl-okkażjoni tal-Jum Dinji tal-Istatistika, bit-tema ‘Better Data, Better…
-
Positive economic and social indicators published by Eurostat
Minister for Finance, Prof. Edward Scicluna welcomes the latest figures published by Eurostat that confirm the positive performance registered by the Maltese economy on various fronts including consumer prices, external trade and social indicators. PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE Indeed, the latest Eurostat inflation figures confirm that, unlike other European Member…
-
Inqas taxxi fuq ix-xogħol, iktar flus fil-but
Il-Ministru għall-Finanzi Edward Scicluna, u l-Ministru għall-Ekonomija, Investiment u Intrapriżi Żgħar Chris Cardona qalu li dak li ġie ppreżentat nhar it-Tnejn kien baġit ieħor ippreżentat minn dan il-Gvern li se jwassal biex ikompli jonqos il-piż tat-taxxi fuq ix-xogħol u biex il-familji jibqagħlhom iktar flus fil-but. Huma kienu qed jindirizzaw konferenza tal-aħbarijiet flimkien il-Ġimgħa filgħodu bit-tema…
-
Kjarifika dwar il-miżuri tal-Budget
Il-Ministeru għall-Finanzi jixtieq jikkjarifika li l-miżuri tal-budget huma dawk imħabbra fid-diskors tal-bieraħ. Il-Ministeru nġibditlu l-attenzjoni li bi żvista għal xi ħin fil-website tiegħu, ittella’ working document minflok dokument finali, u li kien jinkludi proposti li mhumiex parti mid-diskors finali tal-budget. Dan id-dokument, li tiegħu ġew stampati wkoll numru zgħir ta’ kopji provisjonali, ġie rtirat ftit…
-
Malta Ekonomija b’Saħħitha: Id-defiċit jonqos għal 1.6% mingħajr miżuri ta’ awsterità
Irnexxielna nnaqqsu d-defiċit skont it-targets tagħna għal 1.6%, tnaqqis qawwi minn 3.7% li dan il-Gvern sab fil-bidu tal-leġiżlatura. Dan għamilnieh waqt li lħaqna l-akbar tkabbir ekonomiku u l-inqas rata fil-qgħad fl-istorja. Sabiex naqqas id-defiċit, ħaddieħor daħħal miżuri ta’ awsterità. Aħna rnexxielna billi ħadna deċiżjonijiet bħat-traħħis tal-kontijiet u childcare centres b’xejn. Issa huwa l-mument li ma…
-
Finance Minister Scicluna at Eurogroup and ECOFIN meetings in Luxembourg
“The ongoing migration crises brought about financial challenges for Member States which Malta is all well too familiar with. Malta could thus support this flexibility being called for by some Member States. Migration is a big burden for countries that are affected, Malta included, but Italy is much more so, and we should help in…