Press Releases

High economic growth rates projected by the EU for the foreseeable future

The Ministry for Finance and Financial Services welcomes the 2020 Winter Economic Forecast published by the European Commission (EC) which, follows the 2019 Autumn Forecast, in that it expects the Maltese economy to record the highest GDP growth rates in the EU for years 2020 and 2021. PRESS RELEASE BY THE MINISTRY FOR FINANCE AND FINANCIAL SERVICES The Commission expects Malta’s economic performance to remain buoyant despite a weaker than expected recovery ... [+]

Anti Money Laundering and Financial Crime Conference

Minister for Finance and Financial Services Edward Scicluna delivered the opening speech at the Anti Money Laundering and Financial Crime Conference, organised jointly by ARQ and MBA and entitled ‘The Road to Meaningful Reform’, which was held at Westin Dragonara in St Julians. PRESS RELEASE BY THE MINISTRY FOR FINANCE AND ... [+]

Meeting with the Chamber President and Council Members

Minister for Finance and Financial Services Edward Scicluna met with the President and Council Members of the Malta Chamber of Commerce, Enterprise and Industry at the Chamber’s premises in Valletta. Minister Scicluna stated that the government and the business community both share common goals and visions, that of maintaining Malta’s continued ... [+]

The European Congress of Qualitative Inquiry 4th International Conference

“By sustainable finance, we are asking the financial services sector worldwide to take on a social, environmental and developmental responsibility,” stated Minister for Finance and Financial Services Edward Scicluna in his concluding address during a conference on the sustainability of the financial sector in Malta, organised by the Finance Forum ... [+]

DBRS confirms Malta’s rating at ‘A’ (High) with a stable trend

“I am pleased to note the credit rating agency DBRS acknowledging that Malta’s current public finance position and debt dynamics provide the government valuable room to support the economy in the event of a negative shock. Reducing the debt burden and creating a fiscal buffer in case of need has ... [+]

Finance Minister on Europe’s Green Deal

“Malta welcomes the European Green deal which is intended to synergise the economy, the environment and society”, said Finance and Financial Services Minister Edward Scicluna while intervening during the ECOFIN Council, which was held in Brussels. Minister Scicluna further noted, however, that the adoption of this strategy may be burdensome ... [+]

€8 million surplus recorded in the first eleven months

The Ministry for Finance welcomes the latest Government finance data published by the NSO, which shows that during the period January to November of this year, the Government recorded a surplus of €8.0 million, representing a positive change over last year by €43.2 million. The surplus for the first eleven months ... [+]

At the Atlantic Dialogues in Marrakech

“A lot of Central Banks’ fire power is wasted on compensating for existing negative effects arising from trade sanctions. Why should we put the burden on monetary policy when we can get instead the bull by the horns and target what has been slowing down the Global Economy. We should ... [+]

National Coordinating Committee Strategy Seminar

During strategy seminar organised by the National Coordinating Committee (NCC) within the Ministry for Finance. The seminar was attended by the competent authorities members of the NCC, the Attorney General’s Office; the Malta Police Force; the Office of the Commissioner of Voluntary Organisations; the Sanctions Monitoring Board; the Malta Gaming ... [+]

Malta supports a European FIU Platform ​

"Malta strongly supports the Council Conclusions on AML/CFT strategic priorities, especially so to address trans boundary organised financial crime". This was stated by the Minister for Finance Edward Scicluna during the ECOFIN Meeting held today, 5th December, in Brussels. PRESS RELEASE BY THE MINISTRY FOR FINANCE While the present operational systems that enable the ... [+]