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Prof. Edward Scicluna in Rabat – 16.03.2014
Listen to the Speech During a party activity held in Rabat on Sunday 16th March, Finance Minister Prof. Edward Scicluna underlined the Government’s achievements with regard to public finance and the economy. He noted how established institutions such as credit rating agencies and even the European Commission are publishing report after report which are all recognising…
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Fitch Report: ‘Malta’s growth to keep outperforming the Eurozone average’
“With this report the Maltese can put their mind at rest that this Government has achieved a sustained economic turnaround and that the country can optimistically look forward to higher economic growth and employment,” said the Minister for Finance Prof. Edward Scicluna. Prof Scicluna was commenting following the publication of a rating report by international…
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Malta’s clean bill of health from Brussels
Debt is sustainable and the financial sector stable, Finance Minister Edward Scicluna has said, citing the European Commission’s review of Malta while lambasting the Opposition’s negativity over the government’s initiatives on the economy. He was speaking in Parliament, which on Wednesday approved the Budget Measures Implementation Bill in its the second reading with 36 votes…
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A Very Busy Week: Promoting Malta as an important regional business hub – Videoblog 36
) Finance Minister Prof. Edward Scicluna discusses his participation during various conferences and events held over the previous days, and how these tie in with the country’s economic turnaround. Prof. Scicluna explains that one conference, dealing with the topic of taxation, saw a large number of professionals from various countries coming together to discuss…
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Tkabbir Ekonomiku jirdoppja fuq l-2011 u l-2012
It-tkabbir ekonomiku matul l-2013 ippubblikati mill-Uffiċċju Nazzjonali tal-Istatistika huma d-doppju tar-rati reġistrati fl-2011 u l-2012. Dan it-tkabbir jisboq ukoll il-previżjonijiet li saru mill-Gvern fil-budget li għadda, ta’ 3.7% u 1.2% f’termini nominali u reali rispettivament. Huma wkoll aktar pożittivi mit-tkabbir ekonomiku għal Malta previst mill-Kummisjoni Ewropea. It-tkabbir nominali kien ta’ 4.4% filwaqt li dak reali…
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Malta delivered what it Promised – Finance Minister tells Eurogroup
The Maltese Government is delivering on its promises to rein in the deficit below 3% while also addressing the country’s main shortcomings, as identified by in its Country Specific Recommendations, Finance Minister Prof. Edward Scicluna assured European finance ministers. Prof. Scicluna was addressing Eurozone Ministers on Monday 10th March 2014, where he delivered a report…
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Encouraging Economic Turnaround due to Energetic New Government’s Decisiveness and Roadmap for Business
Finance Minister Prof. Edward Scicluna said that the encouraging economic turnaround being experienced by Malta is due to the new Government’s clear road-map for business, its energetic and decisive approach to governance, and the Government’s negotiations with the European Commission that allowed Malta to avoid an austerity programme related to the Excessive Deficit Procedure. Prof.…
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Tax System should be Business Friendly especially towards Micro-Enterprise
The Government is committed to ensuring that Malta’s taxation system is as business friendly and streamlined as possible to facilitate and attract investment, said Finance Minister Prof. Edward Scicluna. Prof. Scicluna was speaking during the closing address at the MIM Malta International Taxation Conference 2014 titled “Latest Developments in International Tax Law” which was held…
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Proposed amendments to the Trust and Trustees Act aimed at achieving a balance between attractiveness and regulation
“The amendments being proposed to the Trust and Trustees Act are aimed at achieving a balance between making Malta a more attractive trust domicile, through the introduction of new features such as the concept of family trusts, whilst ensuring that the necessary safeguards are in place through the re-enforcement of the relevant regulatory regime,” Finance…
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Macroeconomic challenges no longer constitute risks
The Ministry for Finance notes with satisfaction that the European Commission considers that, compared to the last year, the macroeconomic challenges in Malta no longer constitute macroeconomic risks. In its In-Depth Reviews on the prevention and correction of macroeconomic imbalances published on 5th March 2014, the Commission noted that “the macroeconomic challenges in Malta no…