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Tkabbir Ekonomiku jirdoppja fuq l-2011 u l-2012
It-tkabbir ekonomiku matul l-2013 ippubblikati mill-Uffiċċju Nazzjonali tal-Istatistika huma d-doppju tar-rati reġistrati fl-2011 u l-2012. Dan it-tkabbir jisboq ukoll il-previżjonijiet li saru mill-Gvern fil-budget li għadda, ta’ 3.7% u 1.2% f’termini nominali u reali rispettivament. Huma wkoll aktar pożittivi mit-tkabbir ekonomiku għal Malta previst mill-Kummisjoni Ewropea. It-tkabbir nominali kien ta’ 4.4% filwaqt li dak reali…
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Malta delivered what it Promised – Finance Minister tells Eurogroup
The Maltese Government is delivering on its promises to rein in the deficit below 3% while also addressing the country’s main shortcomings, as identified by in its Country Specific Recommendations, Finance Minister Prof. Edward Scicluna assured European finance ministers. Prof. Scicluna was addressing Eurozone Ministers on Monday 10th March 2014, where he delivered a report…
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Encouraging Economic Turnaround due to Energetic New Government’s Decisiveness and Roadmap for Business
Finance Minister Prof. Edward Scicluna said that the encouraging economic turnaround being experienced by Malta is due to the new Government’s clear road-map for business, its energetic and decisive approach to governance, and the Government’s negotiations with the European Commission that allowed Malta to avoid an austerity programme related to the Excessive Deficit Procedure. Prof.…
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Tax System should be Business Friendly especially towards Micro-Enterprise
The Government is committed to ensuring that Malta’s taxation system is as business friendly and streamlined as possible to facilitate and attract investment, said Finance Minister Prof. Edward Scicluna. Prof. Scicluna was speaking during the closing address at the MIM Malta International Taxation Conference 2014 titled “Latest Developments in International Tax Law” which was held…
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Proposed amendments to the Trust and Trustees Act aimed at achieving a balance between attractiveness and regulation
“The amendments being proposed to the Trust and Trustees Act are aimed at achieving a balance between making Malta a more attractive trust domicile, through the introduction of new features such as the concept of family trusts, whilst ensuring that the necessary safeguards are in place through the re-enforcement of the relevant regulatory regime,” Finance…
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Macroeconomic challenges no longer constitute risks
The Ministry for Finance notes with satisfaction that the European Commission considers that, compared to the last year, the macroeconomic challenges in Malta no longer constitute macroeconomic risks. In its In-Depth Reviews on the prevention and correction of macroeconomic imbalances published on 5th March 2014, the Commission noted that “the macroeconomic challenges in Malta no…
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Meeting with Mr. Holm Keller, Vice President of Leuphana University
Finance Minister Prof. Edward Scicluna had the pleasure to meet Mr. Holm Keller Vice President of Leuphana University Germany during his visit to Malta. During the meeting Mr. Holm referred to the recently signed Memorandum of Understanding between this University and the Malta Council for Science and Technology. The most immediate opportunity that Malta is…
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1,000 Pari Żraben maqbuda mid-Dipartiment tad-Dwana sabiex jinagħtaw bħala donazzjoni lis-Servizzi ta’ Detenzjoni, NGOs u entitajiet oħra
1,000 par żarbun li ġew maqbuda mid-Dipartiment tad-Dwana se jinagħtaw bħala donazzjoni lis-Servizzi ta’ Detenzjoni u entitajiet u NGOs oħra li jaħdmu mal-immigranti, ħabbar il-Ministru għall-Finanzi, Edward Scicluna. Il-Ministru Scicluna kien qed jitkellem waqt konferenza stampa fid-Dwana nhar it-Tlieta 4 ta’ Marzu 2014, fejn huwa ħabbar id-donazzjoni filwaqt li tkellem ukoll dwar l-importanza tax-xogħol li…
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Finance Ministry welcomes January 2014 Government Finance Data
The Finance Ministry welcomes the financial figures published by the National Statistics Office (NSO) related to Government Finance Data on Friday 28th January 2014, which show that during January 2014 the major components of recurrent revenue increased by €12.1 million in January 2014 when compared to the corresponding month in 2013. This increase…
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Commission Winter Forecast: A Positive Economic Outlook
– Malta with strongest employment growth – Fourth lowest unemployment rate – Malta among the top 10 EU countries with strongest growth – Deficit in check The Finance Ministry notes with satisfaction that the European Commission has positively revised its 2013 to 2015 deficit forecast for Malta. According to the Winter Forecast, Malta has the…