“I am very pleased to note that the Council has already classified Malta as being under the preventive arm rather than the corrective arm, thus confirming that Malta is expected to exit from the current excessive deficit procedure early next year.”   PRESS STATEMENT BY THE MINISTRY FOR FINANCE   This was stated by Minister…

Minister for Finance Prof. Edward Scicluna underlined that the Budget 2015 embodies the Government’s determination to facilitate access to work for women, adding that this will be done through measures that will encourage women to join the workforce while also addressing obstacles that prevent or discourage them from doing so.   Minister Scicluna was speaking…

The Ministry for Finance notes the European Commission’s Opinion on the Draft Budgetary Plan of Malta, the Annual Growth Survey, and the Alert Mechanism Report, which were issued today. The Commission Opinion concludes that the Government’s draft budgetary plan, as submitted on the 15th October, appears plausible for 2014, while optimistic for 2015. No changes…

The Ministry for Finance notes the report by Reuters in the media in connection with the upcoming Commission Opinion on the Draft Budgetary Plan for Malta. PRESS STATEMENT BY THE MINISTRY FOR FINANCE   More specifically, it notes the report that Malta is not being reported as one of the countries which are likely to…

The Government’s Budget for 2015 will improve the standard of living enjoyed by Maltese families, while also ensuring that the private sector remains competitive in order to generate more employment. Minister for Finance Prof. Edward Scicluna and Minister for the Economy, Investment and Small Business Dr. Chris Cardona visited the premises of the World Aviation…

The 2015 Budget is removing obstacles to local businesses and enterprises, while assisting lower income earners, to ensure that the country keeps generating economic growth, and that the wealth that is created is distributed in a just and fair manner, said the Minister for Finance Prof. Edward Scicluna. The Minister for Finance was speaking following…

The Minister for Finance Prof. Edward Scicluna stated that the Government is committed towards reducing bureaucracy and increasing competitiveness so as to encourage further investment. PRESS STATEMENT BY THE MINISTRY FOR FINANCE     Prof. Scicluna was speaking during the opening address to the Malta Association of Credit Management conference which was held at the…

Il-Prim Ministru Joseph Muscat elenka l-baġit li tressaq fil-Parlament bħala wieħed mimli inizjattivi, li jgħin l-ekonomija, jippremja l-bżulija u jgħin lill-faxxa t’isfel biex inkunu soċjalment ġusti. Waqt konferenza tal-aħbarijiet fil-Berġa ta’ Kastilja, il-Prim Ministru qal li dan huwa parti minn pjan ta’ ħidma ottimista li l-poplu qiegħed jilqa’ u jifhem. Joseph Muscat sostna kif kull…

The Minister for Finance Prof. Edward Scicluna announced a new property valuation system on Tuesday 11 November 2014 which will reduce bureaucracy on property valuations. Minister Scicluna explained how the present architect’s valuation system is bureaucratic and a source of harassment for ordinary citizens who happen to be buying, selling, or inheriting properties. It is…

Illum saret l-aħħar laqgħa ta’ konsultazzjoni mal-Kunsill Malti għall-Iżvilupp Ekonomiku u Soċjali l-MCESD dwar il-Baġit 2015.   Jintemm il-proċess ta’ konsultazzjoni wiesgħa dwar il-baġit mifrux fuq perjodu ta’ xahrejn li l-Gvern mexxa mas-soċjetà ċivili, għaqdiet u mal-pubbliku Fil-ftuħ tal-laqgħa, il-Ministru għad-Djalogu Soċjali, Affarijiet tal-Konsumatur u Libertajiet Ċivili Helena Dalli fissret kif permezz ta’ din it-tielet…