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DBRS affirms Malta’s rating at ‘a (high)’ with a stable outlook

Following the positive sovereign credit ratings by Fitch and Moody’s earlier this year, DBRS, a reputable Canadian credit rating agency, has confirmed Malta’s sovereign credit rating at ‘A (high)’ with a stable outlook. PRESS RELEASE BY THE MINISTRY FOR FINANCE DBRS notes that the ‘A (high)’ rating is mainly supported by Malta’s strong external position, the low reliance on external financing, the favourable public debt structure, and the households’ strong financial position. DBRS ... [+]

Bilateral meeting with Italian Economy and Finance Minister Giovanni Tria

A bilateral meeting was held on Friday between Finance Minister Edward Scicluna and Italian Economy and Finance Minister Giovanni Tria on the fringes of the International Monetary Fund (IMF) and the World Bank constituency meeting held in Malta. PRESS RELEASE BY THE MINISTRY FOR FINANCE The two Ministers pledged to intensify the ... [+]

Better to have convincing tax proposals rather than resorting to abolishing unanimity on tax matters

The idea that is being floated by the European Commission on ending unanimity on tax matters in the Council of the European Union “is not just a matter of sovereignty but more importantly about the possible use of force when the power of conviction is lacking”. This is how Minister ... [+]

Combating tax fraud at the European level

Minister for Finance Edward Scicluna welcomed the tax officials from the 28 member states attending the 12th meeting of the Eurofisc Group Working Field 1 dealing with MTIC fraud. The two-day conference, hosted by Malta, is being held at the Grand Hotel Excelsior Malta between the 6th and 7th of ... [+]

Commission considers Malta as one of the most dynamic economies in the EU in its Winter 2019 Forecast

The European Commission described Malta as one of the most dynamic economies in the EU in its Winter 2019 Economic Forecast as Malta secured the highest forecasted economic growth rate in the EU for the years 2019 and 2020. PRESS RELEASE BY THE MINISTRY FOR FINANCE The Winter Forecast also revised upwards ... [+]

‘Paving the way towards a Sustainable Maltese Economy – Looking ahead to 2050’

The Ministry for the Environment, Sustainable Development and Climate Change organised a conference titled ‘Paving the way towards a Sustainable Maltese Economy – Looking ahead to 2050’. Minister for the Environment, Sustainable Development and Climate Change José Herrera and Minister for Finance Edward Scicluna delivered the opening speeches at this ... [+]

Fitch affirms Malta at ‘A+’ with a stable outlook

The Ministry for Finance welcomes another positive credit rating report published by another renowned credit rating agency—Fitch—affirming Malta’s sovereign credit rating at ‘A+’ with a stable outlook. PRESS RELEASE BY THE MINISTRY FOR FINANCE The credit rating report attributes the ‘A+’ rating to Malta’s high income per capita, strong governance and human ... [+]

Moody’s affirms Malta’s rating at A3 with a positive outlook

The Ministry for Finance welcomes the latest update to Moody’s credit opinion report which affirmed Malta’s sovereign rating at A3 with a positive outlook. Moody’s attributes the A3 rating to the Maltese economy’s robust growth dynamics, relatively elevated wealth levels that support the country's shock-absorption capacity, and a stable and conservative ... [+]

Benefiċċju msaħħaħ għal djar affordabbli

Kif imwiegħed f’Baġit 2019, mil-lum daħal fis-seħħ benefiċċju ġdid tal-kera ta’ residenzi privati li se jieħu post is-sussidju eżistenti. STQARRIJA MILL-MINISTERU GĦALL-FINANZI U MIS-SEGRETARJAT PARLAMENTARI GĦALL-AKKOMODAZZJONI SOĊJALI B’kuntrast mas-sussidju li kien jingħata sal-lum, il-benefiċċju l-ġdid se jirrifletti aktar il-prezzijiet reali tal-kera, se jkollu rekwiżiti aktar ġusti ma’ każijiet ġenwini u se jinħadem mhux biss ... [+]

Development Banks and Private Public Partnerships relate together, as they lead to investment which in turn leads to economic growth

Minister for Finance Edward Scicluna stated this while addressing two seminars organised by the Ministry for Finance, which discussed investment through development banks and Public Private Partnerships, on Monday 28th January 2019. “There is no such thing as too much investment” – Minister Scicluna In his speech Minister Scicluna said that the Government ... [+]