-
DBRS affirms Malta’s credit rating at A and changes trend to positive
Following the credit rating upgrades by Standard and Poor’s and Fitch, another independent renowned credit rating agency, DBRS, has affirmed Malta’s credit rating at A while upgrading the trend on the ratings to positive. PRESS RELEASE BY THE MINISTRY FOR FINANCE Minister for Finance Edward Scicluna comments that: “Four years ago, we had promised…
-
Fitch upgrades Malta’s credit rating to A+ with a stable outlook
The Ministry for Finance is pleased to attest to another milestone achieved by the Labour Government this year. Indeed, following Standard and Poor’s credit rating upgrade in October of last year, Fitch has now upgraded Malta’s sovereign credit rating from A to A+ with a stable outlook. The upgrade reflects the progress made by this…
-
Waqt li timla’ l-formola tat-taxxa
Benjamin Franklin, wieħed mill-fundaturi ta’ l-Istat Uniti, xjentist u filosofu kbir, kien jgħid illi fid-dinja ma hemm xejn żgur ħlief il-mewt u t-taxxi. Għandu raġun, imma ma xtaqtx nitratta fuq tal-ewwel. Nippreferi nitkellem dwar it-taxxi, aktar fil-linja tiegħi. It-taxxi huma xi ħaġa żgura għax fir-realtà ebda Gvern ma jista’ jaħdem mingħajrhom. Mingħajr ġbir ta’ taxxi…
-
Lejn titjib fl-Infrastruttura tal-pajjiż
Wasal iż-żmien tas-sena fejn bħala Ministru tal-Finanzi irrid nippreżenta l- Pre Budget Document jiġifieri d-dokument ta’ qabel il-baġit. Fil-fatt kmieni din il-ġimgħa ppreżentajtu lill-imsieħba soċjali fi ħdan l-MCESD. Lill-imsieħba soċjali nagħtuhom priorità għar-raġuni li fl-MCESD, permezz tal-unjins ewlenin tal-pajjiż għandek rappreżentati sezzjonijiet kbar tal-ħaddiema. Imma mhux biss. Fl-MCESD għandek ukoll dawk li huma self employed.…
-
Ħruġ ta’ bond tal-Gvern għall-anzjani: wegħda oħra mwettqa
Il-Ministru għall-Finanzi Edward Scicluna ta dettalji dwar it-tnedija ta’ Savings Bond li għalih huwa eliġibbli li japplikaw dawk l-individwi li twieldu matul is-sena 1955 jew qabel. Konxju mit-tnaqqis drastiku fid-dħul addizzjonali li l-pensjonanti kien qed ikollhom, fid-dawl ta’ tnaqqis tar-rati t’imgħax fuq depożiti fissi mal-banek kummerċjali li kellhom fl-aħħar snin, “kien għalhekk li fil-budget ta’…
-
The Pre-Budget 2018 document with MCESD
Minister for Finance Edward Scicluna discussed the vision for the forthcoming Budget 2018 with the Malta Council for Economic and Social Development (MCESD), prior to the official launching of the Pre-Budget document. PRESS RELEASE BY THE MINISTRY FOR FINANCE AND THE MINISTRY FOR EUROPEAN AFFAIRS AND EQUALITY Minister Scicluna gave a detailed economic and fiscal…
-
BIDLA FIS-SISTEMA TAL-‘ACCOUNTING’ TAL-GVERN
Naħseb li l-fatt li wara 35 sena ta’ deficits is-sena li għaddiet irreġistrajna surplus finanzjarju, kull meta nitkellmu fuq il-finanzi pubbliċi u insemmu dan il-fatt kif ukoll li anke għal din is-sena l-andament sejjer tajjeb ukoll, il-maġġoranza tal-poplu għaliha bħal donnu din hija n-normalità ta’ pajjiżna. Li filfatt mhix, anzi. Għall-amministrazzjonijiet Nazzjonalisti d-deficit kien ir-regola…
-
The Malta Stock Exchange introduces a new index
Minister for Finance Edward Scicluna inaugurated the ‘Malta Stock Exchange Total Return Index – MSETRX’ which is a methodology that calculates the value of investment in equities through an index. In his speech he said that “this is going to bring the Maltese Stock Exchange in line with international Stock Exchange’s standards, reflecting the total…
-
Ħarsa bil-kalma lejn l-ekonomija ta’ pajjiżna
Nixtieq li qabel ngħaddi għas-suġġett tal-lum nirringrazzja lil kull min tani l-appoġġ, awgurali u ħadem miegħi tul il-kampanja elettorali u fl-elezzjoni ġenerali kif ukoll fil-kampanja fost id-delegati tal-Partit Laburista fejn jirrigwarda l-ħatra ta’ Deputat Mexxej. Issa li dawn l-impenji għaddew ifisser li nerġgħu lura għan-normalità. Meta wieħed jitkellem fuq l-ekonomija llum naħseb li ħadd ma…
-
Malta with highest surplus in the EU – Eurostat
Malta’s fiscal surplus of €44.2 million recorded for the first quarter of 2017 has now been termed by Eurostat as being the highest ratio within the EU. At 3.5 per cent of GDP, Malta has exceeded the surplus reported by Germany and the Netherlands, both at 1.5 per cent. The surplus for the first…