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#133 – Are rules meant to be broken?
The EU has gone to great lengths to set up rules on the fiscal conduct of its member states with a set of penalties to be imposed on those states who do not abide by these rules. Should the EU go hard on these countries in order to set an example for all and…
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Minister Scicluna argues for fair and balanced application of EU fiscal and state aid rules
Minister for Finance Edward Scicluna stated that there is need for a fair and balanced approach to the application of EU rules governing the public finances in order to ensure that they work in the interest of citizens. From right to left: Malta’s Minister for Finance Edward Scicluna together with his Italian and Dutch…
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#132 – Honest broker
What should we expect of Malta’s EU presidency? How will the Maltese presidency influence the future of the EU? How can Malta act as a broker between the EU and the UK? More on this vlog Medjatur onest X’għandna nistennew mill-presidenza Maltija tal-Unjoni Ewropea? X’impatt mistennija jkollha l-presidenza Maltija fuq il-futur tal-Unjoni Ewropea?…
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Malta to continue as a faster-growing Eurozone economy
The Minister for Finance Edward Scicluna welcomes the latest credit rating report by Standard & Poor’s which expects the Maltese economy to continue being one of the faster-growing economies in the Eurozone. The credit rating agency re-affirmed Malta’s outlook as positive while reiterating its overall rating at BBB+/A-2. Standard & Poor’s considers that the…
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Significant decline in 2016 first quarter deficit
The latest General Government data published by the National Statistics Office (NSO) shows a reduction of €116 million in the deficit during the first quarter of the current year, when compared with the first quarter of 2015. The significant reduction in the deficit was driven by a combination of a fall in expenditure and an increase in…
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Il-Brexit u Malta
Il-kelma “Brexit” bħalissa qegħdha fuq fomm kulħadd. Dan kemm minħabba l-fatt li l-poplu Britanniku iddeċieda li jħalli l-Unjoni Ewropea. Iktar minn hekk dan iol-fatt qed iħalli ħerba fil-panorama politiku sew fir-Renju Unit u sew fl-Unjoni Ewropea. Dan huwa suġġett li ser niddiskutuh u ser nibqgħu nisimgħu dwaru għal ħafna żmien ieħor, peress li t-tluq tar-Renju…
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Iktar mill-Baġit
Ta’ kull sena l-gvern jippreżenta baġit maħsub biex mhux biss jippreżenta pjan għas-sena li jkun imiss, iżda joffri wkoll rendikont ta’ dak li l-gvern ikun kiseb is-sena ta’ qabel fil-qasam finanzjarju. Iżda llum, meta għall-gvern il-qagħda finanzjarja hija prijorità kbira, il-baġit m’għadux biżejjed. Dan wassal biex qed ikun ippubblikat rapport annwali mill-Ministeru tal-Finanzi. Dwar dan…
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#131 – BREXIT: The morning after
What led to Brexit? How is Malta looking at Brexit? Which sectors could be badly affected? Which sectors are more likely to benefit from new opportunities? BREXIT u l-impatt tiegħu X’wassal għall-Brexit? Malta bħalissa kif qeda tħares lejn il-Brexit? Liema setturi jistgħu jintlaqtu ħażin? Liema setturi jistgħu jinfetħulhom opportunitajiet? – 5th…
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Direttiva li tiġġieled l-abbuż fuq it-taxxa
Ftit tal-ġranet ilu fuq il-meżżi tax-xandir tħabbar illi fil-Kunsill tal-Ministri tal-Finanzi tal-Unjoni Ewropeja, kunsill li jissejaħ ECOFIN, intlaħħaq ftehim fuq id-direttiva dwar l-evitar tal-ħlas ta’ taxxa. Meta ngħidu evitar ta’ taxxa hija fejn wieħed juża’ is-sistema u regoli tat-taxxa b’mod legali biex inaqqas u jħallas mill-inqas taxxa possibli. Importanti li evitar ta’taxxa m’għandu qatt jitħallat…
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Ministry for Finance publishes Annual Report for 2015
The Ministry for Finance (MFIN) has published today the annual report for 2015 in line with Article 41 of the Fiscal Responsibility Act. This is the second annual report since the enactment of the Fiscal Responsibility Act in August 2014. PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE In line with Article 41(2), the…