Category: News

  • Budget 2015 is removing obstacles to business and ensuring economic growth is distributed in just and fair manner

    Budget 2015 is removing obstacles to business and ensuring economic growth is distributed in just and fair manner

    The 2015 Budget is removing obstacles to local businesses and enterprises, while assisting lower income earners, to ensure that the country keeps generating economic growth, and that the wealth that is created is distributed in a just and fair manner, said the Minister for Finance Prof. Edward Scicluna. The Minister for Finance was speaking following…

  • Government committed towards reducing bureaucracy and improving competitiveness

    Government committed towards reducing bureaucracy and improving competitiveness

    The Minister for Finance Prof. Edward Scicluna stated that the Government is committed towards reducing bureaucracy and increasing competitiveness so as to encourage further investment. PRESS STATEMENT BY THE MINISTRY FOR FINANCE     Prof. Scicluna was speaking during the opening address to the Malta Association of Credit Management conference which was held at the…

  • Malta Budget 2015: Nippremjaw il-Bżulija

    Malta Budget 2015: Nippremjaw il-Bżulija

    Dokument tal-Baġit >>   Defiċit Miri tad-defiċit: 2.1% għal din is-sena u 1.6% għas-sena d-dieħla. SISA fuq l-inbid u l-għalf tal-fish farms Dħul ta’ 20 ċenteżmu SISA fuq kull litru ta’ nbid lokali u internazzjonali. Dan se jkun akkumpanjat minn promozzjoni tal-inbid Malti. SISA fuq l-għalf tal-fish farms Prezz tal-Gass Prezz stabbli għall-gass sa April li…

  • Baġit li jgħin l-Ekonomija, jippremja l-Bżulija u jgħin lill-Faxxa t’Isfel

    Baġit li jgħin l-Ekonomija, jippremja l-Bżulija u jgħin lill-Faxxa t’Isfel

    Il-Prim Ministru Joseph Muscat elenka l-baġit li tressaq fil-Parlament bħala wieħed mimli inizjattivi, li jgħin l-ekonomija, jippremja l-bżulija u jgħin lill-faxxa t’isfel biex inkunu soċjalment ġusti. Waqt konferenza tal-aħbarijiet fil-Berġa ta’ Kastilja, il-Prim Ministru qal li dan huwa parti minn pjan ta’ ħidma ottimista li l-poplu qiegħed jilqa’ u jifhem. Joseph Muscat sostna kif kull…

  • Government launches third pillar pension scheme

    Government launches third pillar pension scheme

    The Minister for Finance Prof. Edward Scicluna launched the Third Pillar pension scheme, referred to as the Personal Retirement Scheme, and which is being supplemented by another scheme, the Individual Savings Account (ISA). Both schemes are optional and are intended to encourage low-income earners to save more for their retirement and safeguard their future quality…

  • Government reducing bureaucracy on property valuations

    Government reducing bureaucracy on property valuations

    The Minister for Finance Prof. Edward Scicluna announced a new property valuation system on Tuesday 11 November 2014 which will reduce bureaucracy on property valuations. Minister Scicluna explained how the present architect’s valuation system is bureaucratic and a source of harassment for ordinary citizens who happen to be buying, selling, or inheriting properties. It is…

  • Il-Gvern jiltaqa’ mal-Imsieħba Soċjali u l-Korpi Kostitwiti għat-tielet darba b’konsultazzjoni qabel il-Baġit 2015

    Il-Gvern jiltaqa’ mal-Imsieħba Soċjali u l-Korpi Kostitwiti għat-tielet darba b’konsultazzjoni qabel il-Baġit 2015

    Illum saret l-aħħar laqgħa ta’ konsultazzjoni mal-Kunsill Malti għall-Iżvilupp Ekonomiku u Soċjali l-MCESD dwar il-Baġit 2015.   Jintemm il-proċess ta’ konsultazzjoni wiesgħa dwar il-baġit mifrux fuq perjodu ta’ xahrejn li l-Gvern mexxa mas-soċjetà ċivili, għaqdiet u mal-pubbliku Fil-ftuħ tal-laqgħa, il-Ministru għad-Djalogu Soċjali, Affarijiet tal-Konsumatur u Libertajiet Ċivili Helena Dalli fissret kif permezz ta’ din it-tielet…

  • Maltese Government committed towards expanding its business outside the EU

    Maltese Government committed towards expanding its business outside the EU

    The Minister for Finance Prof Edward Scicluna stated that the Government is fully committed towards furthering its economic growth by extending its look outside the EU for new business opportunities. During a courtesy visit with a Vietnamese delegation on Wednesday 5th November, Minister Scicluna highlighted Malta’s strengths within the accountancy, financial, legal and IT sectors.…

  • Malta welcomes equal treatment of staggered payment option

    Malta welcomes equal treatment of staggered payment option

    Speaking in Brussels at the Council Meeting of the Economic and Financial Affairs (ECOFIN) on the 7 November 2014, in relation to the additional contribution towards the EU Budget announced recently, the Minister for Finance, Professor Edward Scicluna said that, “Although the statistical revisions did not come as a surprise to Malta, there is a…

  • HSBC’s newly refurbished flagship branch in Merchants’ Street

    HSBC’s newly refurbished flagship branch in Merchants’ Street

    Speaking during the inauguration, Minister Scicluna said Malta is where it is today, receiving good news from the European Commission and various credit rating agencies, because of the stability the whole country has worked hard to retain. “This stability is not just economic, or political. It is also financial. This is thanks to our banks,…