Edward Scicluna

A general government surplus of €437 million in 2017

“I am pleased to note that we have honoured our commitment of achieving a surplus net of the revenue from IIP”, stated Minister for Finance Edward Scicluna while addressing a press conference held at the Ministry for Finance.

PRESS RELEASE BY THE MINISTRY FOR FINANCE

The minister stated that the government has succeeded in recording a surplus of €436.6 million in 2017, which is equivalent to 3.9 per cent of GDP, and is the highest amongst the 28 European Union member states. This is also showing a considerable increase from the surplus of 1.0 per cent registered in 2016.

 

Minister Scicluna added that together with a higher level of GDP, Malta’s debt-to-GDP ratio fell from 56.2 per cent in 2016 to 50.8 per cent in 2017.

 

Minister Scicluna explained that when comparing 2017 with 2016, total revenue increased by €612.6 million rising from 38.1 per cent to 40.5 per cent of GDP. Total expenditure recorded a smaller increase of €276.9 million, such that it decreased from 37.1 per cent to 36.5 per cent of GDP.

 

The minister also highlighted that government succeeded in registering a surplus net of the revenue from the IIP. In fact, he clarified that in 2017 the IIP revenue was equal to €285 million, while the government surplus was equivalent to €437 million.

 

“Government achieved these results by mindfully containing the increase in expenditure and ensuring that this increase is lower than the increase in revenue”, concluded Minister Edward Scicluna.

 

          

Monday 23rd April 2018

author_pc

,

1,568 responses to “A general government surplus of €437 million in 2017”

  397. сонник беременной ходить отзывы о заговорах на соперницу кармические отношения – это простыми словами, кармические отношения – это
    хорошо или плохо
    к чему сниться маша и медведь 12 аркан таро описание личности, 12 аркан таро по дате рождения

  978. общественные работы рк зарплата 2023, тк рк 2023 азаматтығы жоқ адамдар қалай аталады, өтініш бойынша
    азаматтыққа қабылдау алгоритм действий оператора бпла,
    инструкция при обнаружении бпла канат имя ударение,
    имя эким

  982. 22 наурыз қандай күн караоке песни казакша все песни, караоке казахские народные песни застройщики караганда, лучшие
    застройщики караганды күкірт диоксиді зияны, күкірт диоксиді және қышқыл жаңбырлар слайд

  1043. The free Cam to Cam starting credit is worth it! With this gift you can convince yourself of the quality of the and have a look around without obligation.

  1090. сонник рубцы на теле к чему снится серебряный
    крестик на цепочке каждую
    ночь мне сниться один человек
    как гадать на внешность таро,
    расклад на будущего парня таро
    к чему снятся выпавшие волосы на голове у себя в
    руках

  1112. ашып тур на русском, құлағым шуылдайды перевод на русский бас қолбасшы кім, қр қк қай
    жылы құрылды ас атасы нан мақал мәтелдер, ас туралы
    мақал что готовят на наурыз в
    казахстане, что готовят на наурыз в турции

  1122. Hello there, just was alert to your blog through Google, and located that it is truly informative. I am going to watch out for brussels. I’ll appreciate should you continue this in future. Many other people will probably be benefited from your writing. Cheers!

  1196. Do you want hot phone sex and a little more? Then you should get to know the combination of both! Phone sex with live cams offers you exactly what you need for hot live filmed shows on the Internet. Horny women on the phone who have nothing else on their minds but to have fun with you in front of the cam. There are always horny women online waiting for your call and once they have you on the line they also switch on their cam.

  1506. The core of your writing while sounding agreeable in the beginning, did not really settle properly with me after some time. Somewhere within the sentences you actually were able to make me a believer but only for a very short while. I still have a problem with your jumps in logic and one would do nicely to fill in those breaks. In the event that you actually can accomplish that, I would surely be fascinated.

  1527. сколько джузов в коране, сколько страниц
    в коране mobile phone kz, telefon kz дүние жүзі тарихы 7 сынып, дүние жүзі тарихы 7 сынып кітабы скачать американские строительные компании,
    крупнейшие строительные компании казахстана

  1547. матч дей, новости атырау сегодня 2022 обучение в
    польше на русском языке, бесплатное обучение в европе для казахстанцев таң намазы қанша рәкат өмір және өлім философия, өмір және өлім.

    өмірдің мәні

Leave a Reply

Your email address will not be published. Required fields are marked *