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Press Releases

€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 reflected a significant increase in recurrent revenue, where remarkable increases were recorded in all the main sources of revenue, while ... [+]

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 ... [+]

Broad-based economic growth continues in the third quarter

In the third quarter of this year, the Maltese economy recorded a 3.4 per cent increase in real GDP over the same quarter last year. The third quarter growth rate in the Euro Area averaged 1.2 per cent. Economic growth for the first three quarters of this year amounted to ... [+]

Eurofisc Conference

“E-commerce is considered by all Members States to be the sector that poses the greatest threat to the tax administrations. Fraud schemes are constantly evolving and getting more complicated and therefore difficult to detect. They are also challenging to control, as it is difficult to monitor the transaction flow (money, ... [+]

Creditreform upgrades Malta’s outlook to positive with an A+ rating

The Ministry for Finance welcomes the latest sovereign rating issued by the German credit rating agency, Creditreform Rating, which upgraded Malta’s outlook to positive from stable, with an A+ overall rating. The upgrade reflected Creditreform’s expectation that, Malta will continue to show a strong growth performance with real GDP remaining solid ... [+]

Il-gvern iżomm il-wegħda tiegħu mal-eks ħaddiema tal-korpi

Il-gvern kompla jżomm kelmtu meta għat-tielet sena konsekuttiva qed isiru pagamenti lill-eks membri tal-korpi tax-xogħol, eks ħaddiema tax-xatt u membri kurrenti jew passati tal-Korp tal-Pulizija. Dan filwaqt li diġà hemm l-assigurazzjoni li se jitħallsu r-raba’ pagamenti tul is-sena 2020. STQARRIJA MILL-MINISTERU GĦALL-FAMILJA, DRITTIJIET TAT-TFAL U SOLIDARJETÀ SOĊJALI U MILL-MINISTERU GĦALL-FINANZI Dawn id-dettalji tħabbru f’konferenza ... [+]

Malta’s 2020 budget deemed compliant by the European Commission

The Ministry for Finance welcomes the European Commission’s assessment of Malta’s 2020 Draft Budgetary Plan, which was found to be ‘Compliant’ with the requirements for 2020 under the Stability and Growth Pact (SGP). PRESS RELEASE BY THE MINISTRY FOR FINANCE The Commission assesses the draft budgetary plans of the euro-area Member states ... [+]

L-anzjani u l-pensjonanti huma l-prijorità ta’ dan il-gvern

“L-anzjani u l-pensjonanti huma l-prijorità ta’ dan il-gvern. Fl-aħħar snin mhux biss żidna l-pensjonijiet imma daħħalna wkoll miżuri oħra li komplew itejbu l-ħajja tal-penzjonanti”, stqarr il-Ministru għall-Finanzi Edward Scicluna waqt laqgħa li kellu illum mal-Għaqda Pensjonanti tal- GWU, fejn ġew spjegati d-diversi miżuri mħabbra fil-baġit għas-sena d-dieħla li jikkonċernaw lill-penzjonanti. STQARRIJA ... [+]