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“Tonio Fenech’s claims aimed at undermining national interest and harming ongoing negotiations with EU”
The Finance Ministry notes with disappointment the recent irresponsible statements made by the former finance minister and Nationalist MP Tonio Fenech about Malta’s public finances and their implication for the Excessive Deficit Procedure, at a time when this issue is being negotiated with the European Commission. Tonio Fenech’s irresponsible claims can only weaken the country’s…
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“Government committed to letting Business do Business”
“Malta’s pro-business climate has traditionally been positioned to strengthen Malta’s attractiveness as an open market economy, and this new Government is wholly dedicated to upholding that mission,” said Finance Minister Prof. Edward Scicluna. Prof. Scicluna was speaking during a retreat for high-achieving local and foreign entrepreneurs, managers, and board members who form part of the…
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“Alternative Investment Fund Managers Directive”
Finance Minister Prof. Edward Scicluna said that the forthcoming Alternative Investment Fund Managers Directive, which will take effect as from mid-July 2013 will present the financial services sector with many challenges but also opens up a number of opportunities to increase Malta’s competitiveness especially outside the EU. Prof. Scicluna was delivering the opening…
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Courtesy visit from British High Commissioner Robert Luke
Finance Minister Prof. Edward Scicluna received a courtesy visit from the His Excellency the British High Commissioner Robert Luke on Thursday 23rd May, 2013. The two discussed several issues of common interest between Malta and the United Kingdom. The meeting chiefly concerned itself with Malta’s performance against the backdrop of the recession being…
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Meeting with Deputy Assistant Secretary Kathleen Doherty – US Bureau of European and Eurasian Affairs
Finance Minister Prof. Edward Scicluna held a meeting with Deputy Assistant Secretary Kathleen Doherty, from the U.S. Bureau of European and Eurasian Affairs on Friday 17 May 2013. Ms Doherty was accompanied by U.S. Ambassador Gina Abercrombie-Winstanley. During the meeting, Prof. Scicluna and Ms Doherty discussed the current European economic climate within the context of…
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Finance Minister Scicluna receives courtesy visit from General Workers’ Union Officials
Finance Minister Prof. Edward Scicluna received a courtesy call from General Workers’ Union officials, led by Union General Secretary Tony Zarb, on Wednesday 15 May, 2013. During the visit, Prof. Scicluna and the GWU delegation had occasion to discuss several points of common interest between the Union and the Government, with a particular emphasis on…
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Finance Minister Scicluna welcomes IMF 2013 conclusions
The Ministry for Finance welcomes the International Monetary Fund (IMF) 2013 Mission’s Concluding Statement regarding Malta (published Wednesday 15 May 2013), which confirms the soundness of Malta’s financial sector, further dispelling speculation regarding alleged similarities between Malta’s banking sector and those of ailing member states. The IMF’s conclusions join other positive appraisals published in…
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Finance Minister Scicluna takes the rotating Chair of the EIB’s Board of Governors
EU Finance Ministers in their capacity as Governors of the European Investment Bank (EIB) endorsed Malta’s chairmanship of the EIB Board of Governors for the next 12 months during the annual EIB Governors’ meeting on Tuesday 14 May 2013. Malta’s Finance Minister will be succeeding outgoing Hungarian Minister Mihály Varga. The Annual Meeting was…
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Il-Gvern Laburista fiducjuz li se jkun jista’ jzomm il-miri tad-deficit
L-Amministrazzjoni Nazzjonalista kienet dahlet ghal impenji finanzjarji minghajr ma ghamlet allokazzjoni ghalihom fil-Bagit. Izda minkejja dan il-Gvern prezenti se jibqa’ kommess li jzomm mal-miri tieghu ghat-tnaqqis tad-deficit tal-bagit. Hekk qal il-Ministru tal-Finanzi Edward Scicluna meta kien mitlub ghar-reazzjoni tieghu rigward it-tbassir tal-Kummissjoni Ewropea li d-deficit ta’ pajjizna mistenni jitla’ ghal 3.7% sa tmiem l-2013. …
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Finance Minister meeting with ministry officials
On Wednesday 8th May 2013, Finance Minister Prof. Edward Scicluna toured several offices within the Finance Ministry and met with several ministry officials responsible for various areas of the ministry’s work, ranging from calculating and preparing budget estimates, to administration of revenue [nggallery id=130] – Wednesday, 8th May, 2013