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Standard and Poor’s affirms Malta’s A-/A-2′ ratings with a positive outlook

The Ministry for Finance welcomes the latest credit rating report by Standard and Poor’s which affirms Malta’s A-/A-2' ratings with a positive outlook. Standard and Poor’s acknowledges that in recent years, the Government has consolidated government finances, reduced general government debt relative to GDP, and undertaken several structural reforms, notably those that have increased female participation in the labour market and reduced the country’s energy bill.     Indeed, the report states that the ... [+]

The benefits of free access to EU markets – Minister for Finance Edward Scicluna

“The Economic and Monetary Union (EMU) has brought about significant benefits effecting the everyday life of individuals and firms within the euro area, where it has created trade and jobs through the provision of free access to markets”, said Minister for Finance Edward Scicluna. This was stated while the minister ... [+]

Inawgurata is-sezzjoni tal-klieb tad-Dipartiment tad-Dwana f’Jum id-Dwana

Fiċ-ċelebrazzjoni ta’ Jum id-Dwana, il-Ministru għall-Finanzi Edward Scicluna inawgura s-sezzjoni ġdida tal-klieb li se jkunu qed jintużaw biex ikunu identifikati prodotti tat-tabakk, droga u flus li jkunu qed jiddaħħlu b’mod illegali. STQARRIJA MILL-MINISTERU GĦALL-FINANZI Il-Ministru Scicluna, filwaqt li semma’ l-investiment f’apparat b’teknoloġija sofistikata li sar u li se jibqa’ jsir,  kif ukoll ... [+]

MSX Plc signs MoU with Binance

The subsidiary company of the Malta Stock Exchange, MSX Plc, signed a memorandum of understanding with Binance—the world’s largest cryptocurrency exchange by trading volume—at the Malta Stock Exchange premises in Valletta. The Chairman of the Malta Stock Exchange, Joseph Portelli, and the CFO of Binance, Wei Zhou, were the signatories ... [+]

Eurogroup and Informal ECOFIN meetings

At the Informal ECOFIN meeting in Vienna held on 7 - 8 September 2018 Minister Scicluna welcomed the proposal on the InvestEU programme comprising a single fund for all EU level financial instruments in the MFF 2020- 2027. He told the meeting that while the integration of all investment programmes ... [+]

Further sustained economic growth in the second quarter of 2018

“Another sustained economic growth is a remarkable indication that our economy is continuing to steam steadily ahead, reaping benefits to businesses and employees alike”, stated Minister for Finance Edward Scicluna. PRESS RELEASE BY THE MINISTRY FOR FINANCE In real terms, the 5.9 per cent growth of the Maltese economy during the second ... [+]

A fiscal surplus during July of this year

Minister for Finance Edward Scicluna welcomes the latest Government Finance Data, published by the National Statistics Office (NSO), which shows during the month of July this year, the government recorded a surplus of €25 million in the Consolidated Fund. The surplus reflected an increase of €28 million in total revenue ... [+]

Aktar tnaqqis ta’ taxxi għal kull min jaħdem

“Bħala gvern, se nibqgħu nniedu aktar inizjattivi u miżuri bl-għan li jkollna soċjetà aktar inklussiva u se nagħmlu dan billi nkomplu nnaqqsu t-taxxi fuq ix-xogħol”, qal il-Ministru għall-Finanzi Edward Scicluna waqt konferenza stampa fil-Ministeru għall-Finanzi. STQARRIJA MILL-MINISTERU GĦALL-FINANZI Il-Ministru spjega kif kull min jaħdem, sew jekk full-time jew part-time, se jirċievi ċekk għal din is-sena ... [+]

Moody’s affirms ‘A3 Positive’ rating for Malta

The Ministry for Finance welcomes the latest credit opinion by Moody’s Investor Service that affirmed an A3 Rating for Malta with a positive outlook. Moody’s highlighted Malta’s sustained progress on public sector debt reduction and the prospects for further fiscal consolidation on the back of a buoyant economic performance. The ... [+]

‘Malta continues to outperform EU average growth rates with strong external position’ – DBRS

The Ministry for Finance welcomes the latest credit rating report published by DBRS affirming Malta’s rating at A (high) with a stable trend on its ratings. Indeed, the rating reflects Malta’s remarkable broad-based economic growth, its strong external position and low reliance on external financing, as well as its favourable public ... [+]