Maltese Articles

English Articles

Press Releases

News

Malta Development Bank

Prime Minister Joseph Muscat met the Board of Directors and the Chief Executive Officer of the Malta Development Bank (MDB) in the presence of the Minister for Finance Edward Scicluna, Prime Minister’s advisor Louis Grech and Chief of Staff Keith Schembri at Castille. During the meeting, the Prime Minister highlighted the importance role of the MDB in this stage of Malta’s economic development. The Bank’s role is primarily to address market ... [+]

Malta is amongst the most tax compliant countries

“Indicators just published by the Organisation for Economic Co-operation and Development (OECD) portray Malta as a tax compliant jurisdiction. This is exactly what we have been stating all along in the face of unfair criticism by uninformed or malicious quarters. Thus, while we intend to continue to be one of the competitive ... [+]

Shaping our Future: Designing the Next Multiannual Financial Framework

Minister for European Affairs and Equality Helena Dalli and Minister for Finance Edward Scicluna participated in a high-level conference in Brussels on ‘Shaping our Future: Designing the Next Multiannual Financial Framework’. The conference was organised by the European Political Strategy Centre, a think-tank of the European Commission, and was attended by other ministers ... [+]

Fiscal surplus reaches €85 million in the first eleven months

The surplus in the consolidated fund balance rose to €85 million in the first eleven months of this year. According to the latest NSO release, this represents an improvement of €145 million, turning a deficit of €60 million in the period January to November of last year to a surplus ... [+]

Malta’s transposition of the Fourth EU Anti-Money Laundering Directive will make the fight against money laundering and terrorism financing more effective

Malta has enacted legislation to fully transpose the Fourth Anti-Money Laundering Directive. This directive has been transposed into Maltese law by virtue of amendments to the Prevention of Money Laundering Act, the enactment of new regulations under said act, and through the publication of various regulations intended to set up ... [+]

Meeting with Leo Brincat from the EU Court of Auditors

Member of the European Courts of Auditors Leo Brincat visited Minister for Finance Edward Scicluna. The meeting was held at the Ministry for Finance where Mr Brincat presented Minister Scicluna with a copy of the Annual Report of the Court of Auditors concerning the budget implementation for financial year 2016. ... [+]

Budgets suċċessivi jkomplu jnaqqsu l-faqar

L-aħħar ċifri maħruġa mill-Eurostat juru li f’Malta, fi żmien sentejn, ir-rata ta’ nies li huma kkunsidrati li jgħixu f’faqar sinifikanti għax huma mċaħħdin minn affarijiet materjali u soċjali, naqset bin-nofs, minn 22.9 fil-mija fl-2014 għal 10.5 fil-mija fl-2016. Dan it-tnaqqis sinifikanti rrifletta tnaqqis sostanzjali kemm fir-rata ta’ nisa li huma mċaħħdin ... [+]

Africa has reasons to be moderately optimistic

“African countries have reasons to be moderately optimistic with regard to bridging the huge existing financing gap, since both globally and for us Europeans the financial crisis and its associated austerity is behind us.” PRESS RELEASE BY THE MINISTRY FOR FINANCE “Various initiatives by existing and newly set-up international development banks including ... [+]

Record economic growth translates into higher employment income and profits

The €700 million increase in GDP in the first three quarters of this year were distributed in a €200 million increase in compensation of employees, a €350 million increase in business profits, and a €150 million increase in revenue from production and imports taxes. PRESS RELEASE BY THE MINISTRY FOR FINANCE Minister ... [+]

M’hemmx ‘bużżieqa’ fis-suq tal-proprjetà

“L-industrija tal-kostruzzjoni hija sinifikanti u wieħed irid jieħu ħsiebha anke għax tolqot bosta individwi u setturi importanti oħrajn bħall-banek.” STQARRIJA MILL-MINISTERU GĦALL-FINANZI Hekk qal il-Ministru għall-Finanzi, il-Professur Edward Scicluna, waqt l-għeluq tal-‘Konferenza Nazzjonali dwar l-Analiżi tal-Proprjetà u l-Industrija tal-Kostruzzjoni’ organizzata minn Property Malta. Il-Ministru kompla li l-indikaturi kollha juru li fil-qasam tal-proprjetà ma ... [+]