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On track to reach the deficit target for third year running
Government Finance Data issued today by the National Statistics Office (NSO) show that Government revenue and expenditure for 2015 are in line with 2016 Budget estimates. This means that the Government is on track in reaching the 1.6 per cent deficit target for 2015. On the revenue side, recurrent revenue increased by €247.6 million…
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Minister Edward Scicluna presents the National Reform Programme to the Social Partners
Minister for Finance Edward Scicluna addressed a joint MEUSAC and MCESD meeting on the National Reform Programme as part of the consultation process with the social partners and civil society. The meeting was chaired by MEUSAC Head Vanni Xuereb. Minister Scicluna explained how the Government is addressing the Commission’s Country Specific Recommendations (CSR’s) and…
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PN confuses basics on pensions
The Nationalist Party’s bizarre assertion that government changed its policy on the Second Pillar Pension shows that it does not understand the basics on the subject matter. The working group which was mentioned by the Finance Minister was promised in the 2016 Budget and talks about “fiscal benefits for employers who promote private pension…
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Il-Kummissjoni Ewropea tikklassifika lil Malta bħala pajjiż “above average” fix-xiri bil-kuntratti
“Rapport li ġie maħruġ mill-Kummissjoni Ewropea dwar l-andament u l-effiċjenza tal-għoti ta’ kuntratti pubbliċi fl-Istati Membri, juri li Malta ġiet klassifikata ma’ dak in-nukleju ta’ ftit pajjiżi li ir-riżultat tagħhom huwa eċċellenti.” Dan iddikjarah ilbieraħ il-Ministru għall-Finanzi Edward Scicluna waqt konferenza mtella’ mid-Dipartiment tal-Kuntratti ġewwa l-lukanda Le Meridien, San Ġiljan. Il-Ministru Scicluna kien qed…
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Public expenditures within budget and tax revenue outperforming projections
Latest Government Finance Data issued today by the National Statistics Office (NSO), show that Government’s finances for the first two months of this year are in line with projections. Tax revenue for the first two months of 2016 increased by €47.0 million over the same period of last year and was also above what…
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Imnedija inċentivi għal min jagħżel li jibqa’ jaħdem u ma japplikax għall-pensjoni fl-età ta’ 61 sena
Waqt konferenza tal-aħbarijiet il-Ministru għall-Finanzi Edward Scicluna flimkien mal-Ministru għall-Familja u Solidarjetà Soċjali Michael Farrugia, kien imniedi mekkaniżmu ta’ inċentiv għal dawk il-persuni li jibqgħu jaħdmu u ma japplikawx għall-pensjoni meta jkollhom dritt għaliha. Il-Ministru għall-Finanzi qal li dan il-mekkaniżmu bħal ħafna miżuri oħrajn f’budgets li għaddew mhuwiex biss ta’ benefiċċju għal persuni u…
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Minister for Finance Edward Scicluna leads Malta Stock Exchange delegation to China
The Malta Stock Exchange organised a business development visit to Beijing and Shanghai in China to promote the Maltese capital market and the Maltese financial sector to Chinese entities and practitioners. The delegation, led by Minister for Finance Edward Scicluna also included Chairman Joseph Portelli and other executives of the Malta Stock Exchange, as well…
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Preparamenti sabiex pajjizna jiehu f’idejh il-Presidenza tal-Unjoni Ewropea
Xi ħaga li qegħdin nisimgħu dwarha illum u li żgur se nibqgħu nisimgħu aktar dwarha fix-xhur li ġejjin, hija li Malta se tieħu l-Presidenza tal-Unjoni Ewropea għal-ewwel sitt xhur hekk kif nagħqilbu s-sena li ninsabu fijha. Allura din x’ se tkun qed tfisser? Malta bħala membru tal-Unjoni Ewropeja waslilha ż-żmien, li kull sitt xhur imiss…
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Il-Cash Register tal-Gvern
Bosta huma dawk li jinterressaw ruħhom fin-nefqa tal-Gvern. Bħala ċittadini li jiffinanzjaw dan l-infiq għandhom dritt li jitolbu li jaraw l-istatistika. Jeżistu ħafna modi kif wieħed ikun jista’ jġib l- informazzjoni meħtieġa minn dawn l-istatistici. Ikolli nammetti pero li mhijiex faċli biex wieħed, wara li jkun ra din l-informazzjoni, jkun jista’ jevalwa l-andament kif ikun…
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The European Presidency – Vlog 119
What role will our country have during the European Union Presidency? What leads us for a successful European Presidency? What preparations are being carried out to host the European Presidency into our country? Il-Presidenza Ewropea X’irwol ser ikollu pajjiżna fil-Presidenza tal-Unjoni Ewropea? Xi jwassal biex ikollna presidenza ewropea suċċess? X’inhuma l-preparamenti li…