Category: News

  • A Once-Only Grant on the Purchase of Fitness Equipment by Persons For Own Personal Use

    A Once-Only Grant on the Purchase of Fitness Equipment by Persons For Own Personal Use

    In order to encourage the local population to be more physically active, the Minister for Finance together with the Parliamentary Secretary for Research, Innovation, Youth and Sport have made the following scheme. 1.  Interpretation In this scheme, unless the context otherwise requires: ‘applicant’ means the person applying for the grant and who, apart from being a…

  • Meeting with University of Malta rector

    Meeting with University of Malta rector

    An ongoing dialogue is essential between the Government and high education institution officials in order to work together, said Prime Minister Joseph Muscat. During a meeting with University of Malta rector, Dr Joseph Muscat expressed his hope that such a meeting will not be a one off but a regular occurrence, in order for the…

  • “NSO provide necessary gauges for Government to guide the ship of State”

    “NSO provide necessary gauges for Government to guide the ship of State”

    The Hon. Edward Scicluna announced the new Malta Statistics Authority Board (MSA) during a visit to the National Statistics Office (NSO) premises on Wednesday 31st July, 2013. Prof. Scicluna also underscored the importance that the NSO play in providing the necessary information the Government requires to guide the country towards stability and greater economic growth.…

  • “Central Bank vigilance important for Malta’s Financial Stability”

    “Central Bank vigilance important for Malta’s Financial Stability”

    The Minister for Finance Prof. Edward Scicluna paid an official visit to the Central Bank of Malta at the invitation of the Governor, Professor Josef Bonnici, on 19 July 2013. After being greeted by the Governor, the Minister was introduced to the Central Bank Board of Directors and the Executive Directors. Prof. Scicluna is himself…

  • Eighty-seven accountants and auditors receive CPA an PCA warrants and certificates

    Eighty-seven accountants and auditors receive CPA an PCA warrants and certificates

    In all 129 Certified Public Accountant (CPA) warrants and Practising Certificates in Auditing (PCA) were presented by the Hon. Edward Scicluna, Minister for Finance during a ceremony held on Thursday 18th July 2013. During a brief address ahead of the presentations, the Minister for Finance stressed the importance of good governance in the practice of the accounting profession…

  • Government welcomes Standard and Poor’s decision to affirm Malta’s stable credit rating

    Government welcomes Standard and Poor’s decision to affirm Malta’s stable credit rating

    Credit agency Standard & Poor’s notes that the new Government is progressing with a wide-ranging reform programme to tackle issues – some of which have been persisting for a number of years – such as the energy sector which is being addressed through a clear plan which has been long overdue. The agency says that,…

  • Online filing by individual Taxpayers will be boosted next year

    Online filing by individual Taxpayers will be boosted next year

    The Hon. Edward Scicluna, Minister for Finance said that the current rate of online filing by individual taxpayers will be boosted next year by a carefully laid out plan which requires improvements in the way online filing software responds to budgetary changes. Prof. Scicluna was speaking during a visit to the Inland Revenue Department (IRD),…

  • Finance Minister welcomes IMF Report

    Finance Minister welcomes IMF Report

    The Hon. Edward Scicluna, Minister for Finance welcomed the International Monetary Fund (IMF) Executive Board’s conclusions on Malta’s Country Report as further confirmation that the new Government’s policies are taking the country in the right direction. “I am especially pleased to note that the IMF’s Executive Directors have reconfirmed the resilience of our economy, underpinned…

  • “Malta welcomes enhanced monitoring and assessment of member states’ budgetary plans”

    “Malta welcomes enhanced monitoring and assessment of member states’ budgetary plans”

    ​Attending an ECOFIN Council meeting in Brussels on 9th July, Finance Minister Prof. Edward Scicluna welcomed a joint decision by European Finance Ministers to endorse a code of conduct that will afford enhanced monitoring and assessment of draft budgetary plans of Euro Area Member States. (Left to Right) Maltese Minister for Finance Prof. Edward Scicluna, Romanian…

  • Prime Minister Joseph Muscat and Finance Minister Prof. Edward Scicluna visit Malta Financial Services Authority

    Prime Minister Joseph Muscat and Finance Minister Prof. Edward Scicluna visit Malta Financial Services Authority

    Prime Minister Joseph Muscat emphasised that the new Government will be approaching the financial services sector with continuity that safeguards stability while exploring ways to branch out into new markets.   Dr. Muscat was speaking during a visit at the Malta Financial Services Authority (MFSA) with Finance Minister Prof. Edward Scicluna, during which they both…