Category: News

  • Maison Demandols participates in Notte Bianca

    Maison Demandols participates in Notte Bianca

    ​The building housing the Ministry for Finance will participate in the 10th edition of the annual night-time art festival, Notte Bianca, by opening its premises to the public.     Maison Demandols at 30, South Street, Valletta will be offering an attractive programme featuring an exhibition of works by Antonio Sciortino, Raymond Azzopardi and MCAST…

  • DBRS maintain ‘a stable’ rating amidst an improving fiscal and economic situation

    DBRS maintain ‘a stable’ rating amidst an improving fiscal and economic situation

    The Minister for Finance welcomes the latest assessment and related report issued on the 2rd October 2015 by DBRS Credit Rating Agency where Malta’s long-term rating was confirmed at ‘A Stable’.   PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE   The Minister for Finance also notes with satisfaction the main points highlighted in the…

  • Minister Scicluna meets top HSBC official

    Minister Scicluna meets top HSBC official

      Minister for Finance, Prof.  Edward Scicluna, had a courtesy visit by HSBC’s Head of Corporate International, Irene Grant.  She was accompanied by HSBC Malta CEO Mark Watkinson, and Head of Commercial Banking Michel Cordina. The meeting was held on Thursday at the Ministry for Finance in Valletta.   PRESS RELEASE ISSUED BY THE MINISTRY…

  • Finance Minister attends ceremony marking China’s Memorial Day

    Finance Minister attends ceremony marking China’s Memorial Day

    “The close relationship that has developed between China and Malta over the years goes to show that friendship between countries can be established and grow strong irrespective of their size,” said Minister for Finance, Prof. Edward Scicluna.   He was speaking during a wreath-laying ceremony that was held at the Maria Addolorata cemetery to pay…

  • ‘Il fuq minn 3,300 persuna jirċievu għotja fuq taxxa żejda kollha li ħallsu fuq il-vettura fl-2004

    ‘Il fuq minn 3,300 persuna jirċievu għotja fuq taxxa żejda kollha li ħallsu fuq il-vettura fl-2004

    Fil-ġranet li għaddew il-Gvern irrifonda l-ammont żejjed li tħallas fuq it-taxxa tar-reġistrazzjoni lil sidien ta’ vetturi li rreġistraw il-vettura tagħhom bejn l-1 ta’ Mejju u l-31 ta’ Diċembru 2004. Persuni eliġibbli għal din l-għotja rċevew il-pagament tagħhom din il-ġimgħa permezz ta’ ċekk.   STQARRIJA MAĦRUĠA MILL-MINISTERU TAL-FINANZI U MILL-MINISTERU GĦAT-TRASPORT U L-INFRASTRUTTURA Il-Ministru għall-Finanzi Edward…

  • Lejn kooperazzjoni akbar bejn id-dipartimenti tad-Dwana, tal-VAT u tat-Taxxi

    Lejn kooperazzjoni akbar bejn id-dipartimenti tad-Dwana, tal-VAT u tat-Taxxi

    Il-Ministru għall-Finanzi, Edward Scicluna, qal li fil-Baġit li ġej se titħabbar kooperazzjoni akbar bejn id-Dipartiment tad-Dwana, id-Dipartiment tal-VAT, u d-Dipartiment tat-Taxxi bil-ħsieb li l-ħidma biex jinqabdu l-abbużi ssir b’mod aktar intelliġenti fuq il-bażi tal-valutazzjoni tar-riskju. Huwa kien qed jindirizza lill-impjegati u ex-impjegati tad-Dwana l-Ġimgħa 25 ta’ Settembru fuq il-moll ta’ biswit id-Dwana tal-Belt waqt il-lejla…

  • Avviż dwar l-iskema ta’ eżenzjoni mit-taxxa għal min jixtri l-ewwel proprjetà

    Avviż dwar l-iskema ta’ eżenzjoni mit-taxxa għal min jixtri l-ewwel proprjetà

    Id-data sa meta wieħed jista’ jirreġistra kuntratti mad-Dipartiment tat-Taxxa fuq Trasferiment Kapitali qed tiġi estiża mit-30 ta’ Settembru 2015 għat-30 ta’ Novembru 2015. Il-kundizzjonijiet l-oħrajn kollha, bħar-rekwiżit li l-konvenju jkun ġie rreġistrat mad-Dipartment sat-30 ta’ Ġunju 2015, jibqgħu fis-seħħ.       PRESS RELEASE ISSUES BY THE MINISTRY FOR FINANCE   Notice on the exemption…

  • Decline in the deficit continues

    Decline in the deficit continues

    Government Finance Data issued today by the National Statistics Office (NSO) shows a decline in the Consolidated Fund deficit of €68.9 million in the first eight months of 2015, in line with Government fiscal projections.   PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE Data for the first eight months of 2015 shows that recurrent…

  • Economic Growth Rate has to keep growing Year after Year

    Economic Growth Rate has to keep growing Year after Year

    ​For Malta to succeed in converging with the European average per capita income in the forseeable future, it must ensure that its economic growth rate keeps increasing more than the EU average year on year, Finance Minister Prof. Edward Scicluna said on Thursday, 24th September 2015. He was addressing a graduation ceremony of the Malta…

  • Creating the right environment for micro-enterprises to thrive

    Creating the right environment for micro-enterprises to thrive

    Minister for Finance Edward Scicluna stressed the importance of a stable macro-economic environment and the removal of excessive bureaucracy as essential elements for micro-enterprises to succeed. He was addressing a conference on ‘Maltese micro-enterprises: How to thrive in an EU environment’, organised on Thursday 24th September at the Mediterranean Conference Centre in Valletta by the…