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Press Releases

Eurogroup and ECOFIN Meetings – 21st and 22nd January 2019

Finance Minister Edward Scicluna participated in the Eurogroup and ECOFIN meetings which were held in Brussels, on the 21st and 22nd January. The Eurogroup meeting has on its agenda the deepening of the European Monetary Union as a follow-up to the last December Euro Summit. Progress on the new budgetary instrument for competition and convergence can only be achieved if we stick closely to the December compromise PRESS RELEASE BY THE MINISTRY OF FINANCE Minister ... [+]

Malta records the largest surplus and highest decrease in debt in the EU

The Ministry for Finance welcomes the latest public finance statistics published by Eurostat which show that in the third quarter of 2018, Malta recorded the highest fiscalsurplus (3.8%), and the largest decrease in its debt-to-GDP ratio (-3.1 p.p.) amongst the 28 EU member states.   Minister for Finance Edward Scicluna said that such records continue to “keep ... [+]

Finance Minister Edward Scicluna in London for meetings

Minister for Finance Edward Scicluna was in London for talks with senior officials from the financial services industry, potential investors, and the media representatives. The minister was accompanied by the special envoy of the Prime Minister for investment and promotion Joe Zammit Tabona, Chairman of the Malta Stock Exchange Joseph ... [+]

Training towards a continuously changing landscape

Minister for Finance Edward Scicluna and Parliamentary Secretary for European Funds and Social Dialogue Aaron Farrugia addressed a conference on Wednesday morning held at the National Statistics Offices in Valletta. This conference launched a three-year specialised training programme designed for national statisticians and other statistical officers, with the intension of increasing efficiency ... [+]

Atlantic Dialogues in Marrakech

“The International Financial Crisis of 2008 was a perfect storm where millions lost their jobs, lost their homes and lost their savings – it was a catastrophic international crisis. There are many dark clouds ahead today which may lead to economic downturns in some parts of the globe, but it would ... [+]

Proġett li se jibdel radikalment il-produzzjoni u d-distribuzzjoni tal-ilma

Il-Ministru għall-Enerġija u l-Immaniġġjar tal-Ilma Joe Mizzi qal li l-Korporazzjoni għas-Servizzi tal-Ilma laħqet stadju kruċjali fil-proġett ta’ 130 miljun ewro li se jibdel radikalment il-produzzjoni u d-distribuzzjoni tal-ilma f’pajjiżna. Ħabbar dan waqt konferenza tal-aħbarijiet fil-pumping station f’Ta’ Kandja, li kienet indirizzata wkoll mill-Ministru għall-Finanzi Edward Scicluna u mis-Segretarju Parlamentari Aaron Farruiga. STQARRIJA ... [+]

Assoċjazzjoni Maltija tal-Azzjonisti ż-Żgħar

“Bit-teknoloġija moderna li qed tiġi żviluppata b’mod speċjali dik tal-blockchain, qed naslu f’punt fejn l-iskrutinju fuq l-operat tal-kumpaniji se jibda jkun aċċessibbli f’termini reali u tkun qed tiżdied it-trasparenza. Dan kollu għandu jgħin biex iserraħ moħħ l-investituri u jitħajru jinvestu iktar fi prodotti elenkati fuq il-Borża ta’ Malta”, qal il-Ministru ... [+]

Accelerated rates of economic growth

Malta has once again recorded the highest economic growth in the EU with a real GDP growth rate of 7.5 per cent in the third quarter of this year. The growth rate compares remarkably well with the average growth rate of 1.7 and 1.9 per cent recorded in the Euro ... [+]

The 6th Master in Accountancy Annual Conference

Minister for Finance Edward Scicluna addressed the 6th Master in Accountancy Annual Conference held at the Intercontinental Malta, St George’s Bay, St Julian’s, which also marked the 40th anniversary of the Faculty of Economics, Management and Accountancy within the University of Malta. PRESS RELEASE BY THE MINISTRY FOR FINANCE When addressing the Master ... [+]

Institute of Financial Services during its annual dinner

When addressing the Institute of Financial Services’ annual dinner, Minister for Finance Edward Scicluna recounted how the financial crisis of 2008 and the slow economic growth resulted in the country’s deficit running at 3.5% and the national debt hovering close to 70% by 2012.   “The turnaround we have achieved since then has a lot ... [+]