Category: Press Releases

  • Unemployment on downward trend, Fourth Lowest in EU

    Unemployment on downward trend, Fourth Lowest in EU

    The Finance Ministry wishes to underline that, despite recent newspaper and media reports which are attempting to suggest that unemployment in Malta is increasing, Malta’s unemployment rate is on a downward trend and remains fourth-lowest in the European Union. The Ministry notes a press release published by Eurostat on 1st October 2013 which announced that…

  • “Merger that will bring Inland Revenue, VAT, Customs into one entity moving as planned.”

    “Merger that will bring Inland Revenue, VAT, Customs into one entity moving as planned.”

    “The merger projects between the three current Departments of Inland Revenue, VAT, and Customs is moving as planned,” said Finance Minister Prof. Edward Scicluna, adding that regular meetings are being held between the Commissioner for Revenue and the respective Director Generals of each Department. Prof. Scicluna was speaking during the opening address of a conference…

  • Ftehim dwar it-Tassazzjoni Doppja

    Ftehim dwar it-Tassazzjoni Doppja

    Il-Ministru Għall-Finanzi L-Prof. Edward Scicluna Jippresjedi Fl-Iffirmar Inizjarju Tal-Ftehim Ta’ Tassazzjoni Doppja Bejn Malta U L- Curacao. Il-Ministru għall-Finanzi il-Prof. Edward Scicluna ppresjedja fl-iffirmar ta’ Ftehim dwar it-Tassazzjoni Doppja (DTA) bejn Malta u r-Renju tal-Olanda fir-rigward tal-Curaçao, flimkien mal-Ministru għall-Finanzi tal-Curaçao Dr. Jose Jardim, nhar il-Ħamis 17 ta’ Ottubru, 2013. L-Ambaxxatriċi tal-Olanda  għall-Malta H.E. is-sinjura…

  • Minister’s Statement on October ECOFIN Meetings

    Minister’s Statement on October ECOFIN Meetings

    Finance Minister underlines importance of strengthening national ownership of the Implementation of Country Specific Recommendations (CSRS) “It is believed that a combination of the sharing of the Commission’s findings of the County Specific Recommendations (CSRs), better consultation with Member States, social dialogue and an enhanced bilateral phase prior to the issuance of CSRs would remove…

  • “Stability for the benefit of the Whole Society”

    “Stability for the benefit of the Whole Society”

    Government launches the Pre-Budget 2014 Consultation Document “The theme chosen for this Pre-Budget Document – ‘stabbiltà biex noħolqu l-ġid għal kulħadd’ –embodies this Government’s economic stance for this legislature,” said Finance Minister Prof. Edward Scicluna during the presentation of the Pre-Budget Consultation Document on Friday 9th August 2013. “The new Government is wholly committed to…

  • “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…

  • 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),…

  • “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…