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Sustained decline in unemployment
Minister for Finance Prof. Edward Scicluna welcomed the figures published by the National Statistics office on Monday 30th June 2014, which confirmed a drop in Registered Unemployed compared to the same period last year. While last year the number of persons registering for work with the Employment and Training Corporation (ETC) stood at 7,292, in…
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Il-Figuri tal-Finanzi tal-Gvern jirriflettu l-Pjan Imfassal fil-Baġit 2014
Il-Ministeru għall-Finanzi bi pjaċir jinnota l-figuri tal-finanzi tal-Gvern li ġew ippubblikati mill-aġenzija tal-istatistika nazzjonali għall- perjodu ta’ bejn Jannar u Mejju ta’ din is-sena. Dawn juru li n-nefqa tal-Gvern qiegħda tiżdied kif kien pjanat fil-baġit għal din is-sena, u għalhekk il-miri tal-Gvern qegħdin jintlaħqu. Fil-fatt in-nefqa minn Jannar sa Mejju 2014 hija biss €4.5 miljun…
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Deflation: Is it for real? – Videoblog 49
“In his weekly video blog, Minister for Finance Prof. Edward Scicluna discusses the concept of inflation and deflation, and how this affects Maltese and Gozitan households on a day-to-day basis in terms of how much they earn, and the worth of their savings over time. Prof. Scicluna also notes that in those instances where…
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Courtesy visit from ESMA Chairman Mr. Steven Maijoor
The Minister for Finance, Prof. Edward Scicluna, received a courtesy call from the Chairman of the European Securities and Markets Authority (ESMA) Mr Steven Maijoor, in the last week of June 2014. Mr Maijoor was accompanied by the outgoing DG of the Malta Financial Services Authority (MFSA) André Camilleri, incoming MFSA DG Ms Marianne Scicluna,…
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Finance Minister Scicluna participates at the Eurogroup and Ecofin Meetings
On 20th June 2014, the Minister for Finance Professor Edward Scicluna, attended a meeting of the Economic and Financial Affairs Council in Luxembourg, where EU Ministers discussed various issues relating to economic governance and financial developments in the Union. During the meeting, the Council reached political agreement on the proposed amendments to the Parent Subsidiary…
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Q&A Edward Scicluna – Minister for finance – The Report Company
While Malta’s neighbours are yet to emerge from financial and economic turmoil, this Mediterranean island state is doing remarkably well for itself. According to European Commission figures, its economy is forecast to grow by over 2 percent in 2014, while its debt-to-GDP ratio is seen at 72 percent – both figures that would turn many…
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No party at South Street – Interview with Kurt Sansone
With the country’s purse strings tightly in his hands, Finance Minister Edward Scicluna tells Kurt Sansone he will do anything it takes to keep expenditure in check while juggling with unforeseen circumstances. As the economy outstrips the EU average and grows by 3.5 per cent in the first three months, Edward Scicluna feels he has reason to be pleased. Since…
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Right time to become fully tax compliant – Videoblog 48
Finance Minister Prof. Edward Scicluna discusses the recently-launched Asset Registration Programme, which represents an opportunity for individuals and companies to declare previously undeclared assets (both local and abroad) and regularise their tax position. He explains that by means of this programme, companies and individuals will be able to register undeclared deposit accounts, shares, bonds,…
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Public Contracts review board publishes case rulings for 2013
The Minister for Finance Prof. Edward Scicluna welcomed the publication of the Public Contracts Review Board (PCRB) Case Rulings for 2013. “I am pleased to note this Board’s good work which, throughout its first year of work since being appointed in April 2013, has seen it implement a number of changes and reforms in accordance…
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Stronger Insurance sector through regulation and opportunities for growth
“The Maltese Government is determined to keep giving Malta’s insurance sector the attention it requires to expand its contribution to the economy and increase its capacity to generate employment,” the Minister for Finance Prof. Edward Scicluna said. Prof. Scicluna was speaking during the opening remarks of the 5th Malta International Risk and Insurance…