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The Malta Stock Exchange partnering with international digital companies to expand its operations
The Malta Stock Exchange has launched its subsidiary ‘MSX PLC’. This subsidiary will be entering into strategic joint ventures with reputable international companies in the areas of blockchain and cryptocurrency exchanges thereby expanding the operations of the MSE. The ‘MSX PLC’ will be the fintech and digital asset arm of the Malta Stock Exchange.…
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Government looks forward to working with Commission to address concerns in 4th AMLD transposition into national legislation
The Government of Malta, and the Ministry for Finance in particular, take note of the Reasoned Opinion that was issued earlier today (Thursday 19th July 2018) by the European Commission, based on alleged gaps with regard to Malta’s transposition of the 4th Anti-Money Laundering Directive into Maltese legislation. The Maltese authorities would like to acknowledge…
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Keeping up appearances
The Nationalist Party is asking for my head, my resignation. The indictment? The FIAU got itself in breach of the third anti-money-laundering (AML) directive by not following the correct procedures during my watch as Minister for Finance. The PN team of two called a press conference. Straight faces. A very serious affair. Let us be…
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A positive outlook for the Maltese economy
Minister for Finance Edward Scicluna welcomes the European Commission’s 2018 Summer Economic Forecast which commended Malta’s economic growth, noting that Malta’s GDP growth rate is one of the highest in the EU. PRESS RELEASE BY THE MINISTRY FOR FINANCE The European Commission expects economic growth in Malta to remain robust over the forecast horizon fuelled…
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Il-Bullying mal-Pajjiżi ż-Żgħar
Ma hemm l-ebda dubju li pajjiżna huwa pajjiż żgħir. Sew fiżikament, distanzi min-naħa sa oħra tal-baħar li jdur mal-gżira tagħna u anke f’terminu ta’ popolazzjoni ta’ madwar erba’ mija u ħamsin elf, anqas minn nofs miljun – popolazzjoni żgħira. Fir-relazjonijiet politiċi pajjiżi oħra kif iħarsu lejna? Għandna xi vantaġġ aħna? jew żvantaġġi biss għandna? Din…
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Konċessjoni ta’ darba għall-pensjonanti mill-Awstralja
Kif diġà ħabbar il-Ministru għall-Finanzi Edward Scicluna, il-Kummissarju tat-Taxxi ser ikun qed jeżenta lill-pensjonanti li għandhom pensjoni tal-Awstralja milli jħallsu taxxa addizzjonali u interessi dovuti u jħallsu biss €20 ta’ darba bħala multa. STQARRIJA MILL-MINISTERU GĦALL-FINANZI Għaldaqstant, dawk il-pensjonanti li diġà ħalsu l-multa se jirċievu ċekk ta’ rifużjoni (refund) bil-posta jew dirett fil-kont bankarju tagħhom.…
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Soluzzjonijiet għall-emigrazzjoni
Il-kwistjoni tal-emigrazzjoni tidher li qiegħda tikber u mhux tiċkien. Dan minħabba l-politika li hemm madwarha. Mhix kwistjoni ta’ numri. Kemm qed jitilqu numri mil-Libja jew inkella minn pajjiżi oħra . Fil-fatt kull min iżomm l-istatistika jurik li dawn in-numri tbaxxew b’mod konsiderevoli. Iżda l-kwistjoni politika qiegħda dejjem tikber. Hija din il-kwistjoni li tolqot lil kulħadd…
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Skema ta’ rifużjoni għall-impjiegi f’Għawdex
Waqt konferenza stampa li saret fil-Gozo Business Centre, Victoria, il-Ministru għall-Finanzi Edward Sciculna qal li, “l-iżvilupp sostenibbli tal-gżira Għawdxija jiddependi mis-settur privat. Il-Gvern għandu rwol li jinċentiva lis-settur privat sabiex l-ekonomija tkompli miexja ‘l quddiem”. STQARRIJA MILL-MINISTERU GĦALL-FINANZI U L-MINISTERU GĦAL GĦAWDEX Waqt it-tnedija tal-iskema biex is-settur privat Għawdxi joħloq aktar impjiegi, il-Ministru Scicluna semma’…
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Labour force participation rate is highest on record
Minister for Finance Edward Scicluna welcomes the latest Labour Force Survey data, published by the NSO, which shows that during the first quarter of this year, employment grew by a remarkably high rate of 5.7 per cent. PRESS RELEASE BY THE MINISTRY FOR FINANCE As a result, the employment rate rose to 68.1 per cent.…
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Finance Minister Scicluna at AIIB meeting
Minister for Finance Edward Scicluna participated and addressed the 2018 Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) which was held in Mumbai, India between the 24th and 26th June. The AIIB today consists of 86 members, including regions that span beyond Asia. PRESS RELEASE BY THE MINISTRY FOR FINANCE In…