Minister for Finance and Financial Services Edward Scicluna and Parliamentary Secretary for Financial Services and Digital Economy Clayton Bartolo paid a courtesy visit to the Malta Financial Services Authority (MFSA) on 4th March 2019. The Minister and Parliamentary Secretary were welcomed by Prof John Mamo, Chairperson, the CEO, Mr Joseph Cuschieri, and the Executive Board. After…

In the last quarter of 2019 covering the period October to December, the Maltese economy continued to record one of the highest economic growth rates in the EU. As a result, latest GDP data showed that in 2019 Malta continued to be one of the fastest growing EU economies, growing at 4.4 per cent. PRESS…

“The government will continue investing in research and innovation since they are key for the future of our country,” reiterated Minister of Finance and Financial Services Edward Scicluna, accompanied by Parliamentary Secretary for Financial Services and Digital Economy Clayton Bartolo during their visit at the Malta Council of Science and Technology (MCST) and Esplora, located…

Minister Edward Scicluna stated that, “The Moneyval Fifth Round Mutual Evaluation Report should serve as a benchmark, to up our standards.” PRESS RELEASE BY THE MINISTRY FOR FINANCE AND FINANCIAL SERVICES “The Maltese government is accepting all recommendations, without exception. The critical points are being identified and taken on board, to increase resources and expertise.…

‘Malta is a founding member of the European Bank for Reconstruction and Development (EBRD) which will mark its 30th anniversary next year. Malta forms part of a constituency made up of five other countries, namely Austria, Bosnia and Herzegovina, Cyprus, Israel and Kazakhstan. Over the years, EBRD has strengthened emerging economies from Central and Eastern Europe,…

“The financial services sector has more challenges and even more opportunities. I have no doubt that our country has the necessary resources to excel,” stated Minister for Finance and Financial Services Edward Scicluna, during his opening speech at the IFSP’s Annual Conference held at the Marriott Hotel in St Julian’s. PRESS RELEASE BY THE MINISTRY…

Fi żjara li saret fl-uffiċini tal-MITA f’Santa Venera, il-Ministru għall-Finanzi u s-Servizzi Finanzjarji Edward Scicluna u s- Segretarju Parlamentari għas-Servizzi Finanzjarji u l-Ekonomija Diġitali Clayton Bartolo ltaqgħu mal-bord tad-diretturi mmexxi mis-Sur Tony Sultana. F’din iż-żjara l-Ministru Edward Scicluna u s-Segretarju Parlamentari Clayton Bartolo ġew mgħarrfa bil-proġetti li huma ppjanati li jsiru mill-aġenzija li toffri servizzi…

“Looking back, the EU experience following the last financial crisis shows that the fiscal framework rules worked for some EU countries, but not for all member states. Therefore, we need to ask ourselves whether changes are indeed necessary or whether supplementary measures are what is required. We need to make the fiscal framework more coherent,…

The Ministry for Finance and Financial Services welcomes the 2020 Winter Economic Forecast published by the European Commission (EC) which, follows the 2019 Autumn Forecast, in that it expects the Maltese economy to record the highest GDP growth rates in the EU for years 2020 and 2021. PRESS RELEASE BY THE MINISTRY FOR FINANCE AND…

Minister for Finance and Financial Services Edward Scicluna delivered the opening speech at the Anti Money Laundering and Financial Crime Conference, organised jointly by ARQ and MBA and entitled ‘The Road to Meaningful Reform’, which was held at Westin Dragonara in St Julians. PRESS RELEASE BY THE MINISTRY FOR FINANCE AND FINANCIAL SERVICES The Minister…