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Government Finances in line with 2014 Budget Projections – Videoblog 50
In his weekly video blog, Minister for Finance Prof. Edward Scicluna discusses the fast-approaching Budget Period, and preparations that are underway within the Ministry for Finance in this regard. He explains that during this time, the Ministry would not only be analyzing the government’s finances and comparing them against projections, but also determining those…
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Deflation: Is it for real? – Videoblog 49
“In his weekly video blog, Minister for Finance Prof. Edward Scicluna discusses the concept of inflation and deflation, and how this affects Maltese and Gozitan households on a day-to-day basis in terms of how much they earn, and the worth of their savings over time. Prof. Scicluna also notes that in those instances where…
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Right time to become fully tax compliant – Videoblog 48
Finance Minister Prof. Edward Scicluna discusses the recently-launched Asset Registration Programme, which represents an opportunity for individuals and companies to declare previously undeclared assets (both local and abroad) and regularise their tax position. He explains that by means of this programme, companies and individuals will be able to register undeclared deposit accounts, shares, bonds,…
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The Welfare State – Videoblog 47
Finance Minister Prof. Edward Scicluna discusses the welfare state, and the principles underpinning the assistance and services it provides to the whole of society, such as healthcare, education, and social services. Prof. Scicluna explains that as time wears on, demand for such services is increasing, placing considerable pressures on governments globally. Consequently, governments are…
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Cross-checking statisitics – Videoblog 46
Minister for Finance Prof. Edward Scicluna explains that despite how those critical of Government are selectively quoting certain statistics in order to suggest that the new Government is not performing, official figures prove otherwise. He explains that the most oft-quoted figure, that of registered unemployed does not indicate strictly individuals who are long-term unemployed, but…
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Iċ-ċertifikati pozittivi li qed tirċievi Malta – NEWSPOINT – ONE
Jonathan Attard mal-Ministru tal-Finanzi, Profs. Edward Scicluna dwar il-qagħda u ċ-ċertifikati pozittivi li qed tirċievi l-ekonomika u s-sitwazzjoni finanzjarja ta’ Malta. – 20th May, 2014
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Attracting Investment through High-Level Meetings – Videoblog 45
In his weekly video blog, Finance Minister Prof. Edward Scicluna explains that the true function of Government in attracting investment goes far beyond the occasional tax incentive. He explains that the attraction of long-term investment is done in a different manner, such as during high level meetings, where ideas are discussed and transformed into fully-fledged…
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Historic Moment for Malta – Chairmanship of EIB Board Of Governors – Videoblog 44
Finance Minister Prof. Edward Scicluna discusses his participation in ECOFIN and Eurogroup meetings in Brussels earlier last week, on 5 and 6 May 2014. He explains that an especially important meeting took place during his two-day stay in Brussels, which was the European Investment Bank`s (EIB) Annual General Meeting, which Prof. Scicluna attended in…
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Deficit Target achieved through Determination and Commitment – Videoblog 43
In his weekly video blog, Minister for Finance Prof. Edward Scicluna refers to the confirmation by EUROSTAT a few days earlier that Malta has successfully closed 2013 with a deficit of 2.8%, well under the 3% threshold. Prof. Scicluna notes that this means that Malta is no longer in difficult territory of having a…
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EIB President Hoyer in Malta to explore opportunities to support Maltese projects
Finance Minister Prof. Edward Scicluna, in his capacity as Chairman of the European Investment Bank’s (EIB) Board of Governors, hosted the EIB President Dr. Werner Hoyer during a day-long visit to Malta on Monday, 28th April 2014. Accompanied by Prof. Scicluna and an official EIB delegation, Dr Hoyer met with the Prime Minister Dr. Joseph…