Category: News

  • Government supporting SMEs by providing more options for Capital and Financing

    Government supporting SMEs by providing more options for Capital and Financing

    Edward Scicluna was speaking during the Institute of Financial Services-Malta (IFS) Annual Dinner, held at the Hilton on Monday 15th December 2014. “The Government is seeking to strengthen the sustainability of the country’s capital markets, in particular to improve access to a wider and more competitive source of capital options for SMEs,”     He…

  • Pulse Economic Affairs Review Board delivers reaction on Budget 2015

    Pulse Economic Affairs Review Board delivers reaction on Budget 2015

    Minister for Finance Prof. Edward Scicluna met with student organization Pulse Economic Affairs Review Board on Wednesday 17th December to discuss the Budget 2015 and the measures presented therein. During the meeting, the Pulse Economic Affairs Review Board representatives welcomed the opportunity to discuss the budget directly with the Finance Minister.     The representatives…

  • Malta’s Strong Economic Growth at 3.8% continues to lead in Eurogroup

    Malta’s Strong Economic Growth at 3.8% continues to lead in Eurogroup

    The latest published figure of 3.8% real growth by the National Statistics Office (NSO) and the Eurostat confirm, yet again, the robustness of the Maltese economy. The figures confirm that the economy is benefitting from the various measures undertaken by the Government to create an environment which encourages effort and investment. Similar views were also…

  • Council expects Malta to exit excessive deficit procedure

    Council expects Malta to exit excessive deficit procedure

    “I am very pleased to note that the Council has already classified Malta as being under the preventive arm rather than the corrective arm, thus confirming that Malta is expected to exit from the current excessive deficit procedure early next year.”   PRESS STATEMENT BY THE MINISTRY FOR FINANCE   This was stated by Minister…

  • Diskors tal-gheluq tad-dibattitu tal-budget – Sessjoni Plenarja – 04122014

    Diskors tal-gheluq tad-dibattitu tal-budget – Sessjoni Plenarja – 04122014

        – parlament.mt : Thursday, 4th December, 2014

  • Budget 2015 is female centric

    Budget 2015 is female centric

    Minister for Finance Prof. Edward Scicluna underlined that the Budget 2015 embodies the Government’s determination to facilitate access to work for women, adding that this will be done through measures that will encourage women to join the workforce while also addressing obstacles that prevent or discourage them from doing so.   Minister Scicluna was speaking…

  • Fiducjuzi li l-Kummissjoni se twaqqa’ l-proċeduri ta’ defiċit eċċessiv

    Fiducjuzi li l-Kummissjoni se twaqqa’ l-proċeduri ta’ defiċit eċċessiv

    Il-Ministru tal-Finanzi Edward Scicluna qal li jinsab fiducjuz li fl-ewwel xhur tas-sena d-dieħla, il-Kummissjoni Ewropea se tkun qed twaqqa’ l-proċedura li fetħet kontra Malta s-sena li għaddiet dwar defiċit eċċessiv. Meta kien qiegħed jindirizza laqgħa ta’ konsultazzjoni pubblika fi pjazza San Ġorġ fil-Belt Valletta, il-Ministru Scicluna qal li d-defiċit niżel taħt il-previżjonijiet tal-Kummissjoni Ewropea kemm matul…

  • European Commission’s Opinion on the Draft Budgetary Plan

    European Commission’s Opinion on the Draft Budgetary Plan

    The Ministry for Finance notes the European Commission’s Opinion on the Draft Budgetary Plan of Malta, the Annual Growth Survey, and the Alert Mechanism Report, which were issued today. The Commission Opinion concludes that the Government’s draft budgetary plan, as submitted on the 15th October, appears plausible for 2014, while optimistic for 2015. No changes…

  • Draft Budgetary Plan for Malta

    Draft Budgetary Plan for Malta

    The Ministry for Finance notes the report by Reuters in the media in connection with the upcoming Commission Opinion on the Draft Budgetary Plan for Malta. PRESS STATEMENT BY THE MINISTRY FOR FINANCE   More specifically, it notes the report that Malta is not being reported as one of the countries which are likely to…

  • Government Safeguarding Families’ Quality of Living while ensuring Private Sector remains Competitive

    Government Safeguarding Families’ Quality of Living while ensuring Private Sector remains Competitive

    The Government’s Budget for 2015 will improve the standard of living enjoyed by Maltese families, while also ensuring that the private sector remains competitive in order to generate more employment. Minister for Finance Prof. Edward Scicluna and Minister for the Economy, Investment and Small Business Dr. Chris Cardona visited the premises of the World Aviation…