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Fourth quarter of 2019 outpaces third quarter by 1.4 percentage points
In the last quarter of 2019 covering the period October to December, the Maltese economy continued to record one of the highest economic growth rates in the EU. As a result, latest GDP data showed that in 2019 Malta continued to be one of the fastest growing EU economies, growing at 4.4 per cent. PRESS…
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Visit at the Malta Council for Science and Technology
“The government will continue investing in research and innovation since they are key for the future of our country,” reiterated Minister of Finance and Financial Services Edward Scicluna, accompanied by Parliamentary Secretary for Financial Services and Digital Economy Clayton Bartolo during their visit at the Malta Council of Science and Technology (MCST) and Esplora, located…
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Anti-Terrorism Finance Training and Workshops
Minister Edward Scicluna stated that, “The Moneyval Fifth Round Mutual Evaluation Report should serve as a benchmark, to up our standards.” PRESS RELEASE BY THE MINISTRY FOR FINANCE AND FINANCIAL SERVICES “The Maltese government is accepting all recommendations, without exception. The critical points are being identified and taken on board, to increase resources and expertise.…
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Malta Business Community at the Chamber of Commerce, Enterprise and Industry seminar
‘Malta is a founding member of the European Bank for Reconstruction and Development (EBRD) which will mark its 30th anniversary next year. Malta forms part of a constituency made up of five other countries, namely Austria, Bosnia and Herzegovina, Cyprus, Israel and Kazakhstan. Over the years, EBRD has strengthened emerging economies from Central and Eastern Europe,…
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IFSP’s Annual Conference
“The financial services sector has more challenges and even more opportunities. I have no doubt that our country has the necessary resources to excel,” stated Minister for Finance and Financial Services Edward Scicluna, during his opening speech at the IFSP’s Annual Conference held at the Marriott Hotel in St Julian’s. PRESS RELEASE BY THE MINISTRY…
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Żjara fl-aġenzija MiTA
Fi żjara li saret fl-uffiċini tal-MITA f’Santa Venera, il-Ministru għall-Finanzi u s-Servizzi Finanzjarji Edward Scicluna u s- Segretarju Parlamentari għas-Servizzi Finanzjarji u l-Ekonomija Diġitali Clayton Bartolo ltaqgħu mal-bord tad-diretturi mmexxi mis-Sur Tony Sultana. F’din iż-żjara l-Ministru Edward Scicluna u s-Segretarju Parlamentari Clayton Bartolo ġew mgħarrfa bil-proġetti li huma ppjanati li jsiru mill-aġenzija li toffri servizzi…
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More Coherent, Transparent, and Less Complex Fiscal Framework
“Looking back, the EU experience following the last financial crisis shows that the fiscal framework rules worked for some EU countries, but not for all member states. Therefore, we need to ask ourselves whether changes are indeed necessary or whether supplementary measures are what is required. We need to make the fiscal framework more coherent,…
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High economic growth rates projected by the EU for the foreseeable future
The Ministry for Finance and Financial Services welcomes the 2020 Winter Economic Forecast published by the European Commission (EC) which, follows the 2019 Autumn Forecast, in that it expects the Maltese economy to record the highest GDP growth rates in the EU for years 2020 and 2021. PRESS RELEASE BY THE MINISTRY FOR FINANCE AND…
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Anti Money Laundering and Financial Crime Conference
Minister for Finance and Financial Services Edward Scicluna delivered the opening speech at the Anti Money Laundering and Financial Crime Conference, organised jointly by ARQ and MBA and entitled ‘The Road to Meaningful Reform’, which was held at Westin Dragonara in St Julians. PRESS RELEASE BY THE MINISTRY FOR FINANCE AND FINANCIAL SERVICES The Minister…
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Meeting with the Chamber President and Council Members
Minister for Finance and Financial Services Edward Scicluna met with the President and Council Members of the Malta Chamber of Commerce, Enterprise and Industry at the Chamber’s premises in Valletta. Minister Scicluna stated that the government and the business community both share common goals and visions, that of maintaining Malta’s continued economic growth and improving…