Minister for Finance, Prof. Edward Scicluna welcomed a delegation from the French Business Confederation (MEDEF), led by M. Loïc Armand, President of L’Oréal France and Chairman of MEDEF Europe Committee.   During the meeting, held at the Ministry for Finance, Minister Scicluna explained the priorities to be pursued by government during the Maltese Presidency for…

The creation of deeper and more integrated capital markets throughout the European Union, known as the Capital Markets Union (CMU) will be given top priority on the agenda during the Maltese Presidency of the Council of the EU.   PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE Minister for Finance, Professor Edward Scicluna affirmed this…

The Ministry for Finance welcomes the latest statistics published by the National Statistics Office (NSO) showing a decrease of €98 million in the consolidated fund deficit between January and September 2016 when compared with the same period last year.   PRESS RELEASE BY THE MINISTRY FOR FINANCE The reduction in the deficit is buoyed by…

Minister for Finance Prof. Edward Scicluna held talks with his French counterpart M. Michel Sapin at the Ministère de l’Économie et des Finances in Paris, as part of the preparations for the upcoming Maltese Presidency of the Council of the EU.   PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE Ministers Scicluna and Sapin exchanged…

Il-Budget għall-2017, fost il-ħafna miżuri mmirati biex itejbu l-qagħda soċjali ta’ min għandu dħul baxx u medju, fih pakkett ta’ 20 miżura mmirati speċifikament għall-pensjonanti.     Dan qalu l-Ministru għall-Finanzi Edward Scicluna waqt li indirizza konferenza tal-aħbarijiet dwar il-miżuri tal-budget favur il-pensjonanti mal-Ministru għall-Familja u Solidarjetà Soċjali Dr Michael Farrugia.   STQARRIJA KONĠUNTA MAĦRUĠA…

“The budgetary measures and reforms carried out by government in the last three years have been vindicated to the full by the latest credit rating report by Standard and Poor’s which raised Malta’s rating from ‘BBB+’ to ‘A-’, the first time it raised Malta’s credit rating in 20 years,” stated Minister for Finance, Prof Edward…

Minister for Finance Edward Scicluna announced the formation of a Joint Enforcement Task Force (JET) which will bolster the government’s efforts at combating the black economy.     Speaking during a press conference, Minister Scicluna explained that through JET, the government will channel the resources and technical knowhow of the Income Tax Department, VAT Department…

B’effett minn dan ix-xahar, se jkunu qed jidħlu fis-seħħ regoli ġodda dwar il-mod ta’ kif il-Gvern jixtri prodotti u servizzi, proċess magħruf bħala public procurement. Dawn ir-regoli se jwasslu għal proċessi aktar effiċjenti, flessibbli, b’inqas burokrazija u b’aktar trasparenza. Ir-regoli se jwasslu wkoll biex Malta tkun konformi mar-regolamenti u direttivi tal-Unjoni Ewropea.   STQARRIJA KONĠUNTA…

Minister for Finance Edward Scicluna has told the Euro area Finance Ministers that “discussions on country experiences with respect to raising efficiency in the health-care sector are always useful in view of the increasing cost of health-care on top of demographic pressures, including an ageing population.”   PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE…

Minister for Finance, Prof Edward Scicluna is holding talks with senior officials of leading international financial institutions on the margin of the 2016 International Monetary Fund (IMF) and World Bank Group (WBG) Annual Meetings in Washington D.C., USA between 7th and 9th October 2016. PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE   Minister Scicluna is discussing…