Month: January 2017

  • Finance Ministry to facilitate VAT refund services for third-country nationals

    Finance Ministry to facilitate VAT refund services for third-country nationals

    Non-EU nationals will be receiving their VAT refund on items bought in Malta in a more expeditious way, thanks to an agreement signed today at the Ministry for Finance. Through this agreement, international tax free shopping operator Fintrax Group will be setting up an office under the brand Premier Tax Free at Malta International Airport,…

  • Minister Scicluna presides over the first ECOFIN under Malta’s Presidency

    Minister Scicluna presides over the first ECOFIN under Malta’s Presidency

    Minister for Finance Edward Scicluna presided over the first meeting of the Economic and Financial Affairs Council (ECOFIN) under the Maltese Presidency, during which he also presented his working programme which covers financial services, economic governance, investment, taxation and the EU budget. The meeting’s agenda included a presentation by former Italian Prime Minister Mario Monti,…

  • Is-Sekwenza tal-Ħin

    Is-Sekwenza tal-Ħin

    Il-ġimgħa l-oħra tkellimna dwar ir-riskju u dwar kemm huwa fattur importanti fil-proċess tat-teħid tad-deċiżjonijiet, sew dawk ekonomiċi, kif ukoll dawk politiċi u dawk kummerċjali. Illum ser nitkellmu dwar l-importanza tal-ħin, jew inkella, s-sekwenza tal-ħin fl-ambitu ta’ deċiżjonijiet marbuta wkoll mal-ekonomija, politika u kummerċ. Iżda mhux biss. Ċertament, il-ħin mhuwiex xi kunċett ġdid. Imma biex nispjega…

  • Minister Scicluna returns to the European Parliament as President of the Council of Economic and Financial Affairs (ECOFIN) to expound the Presidency programme

    Minister Scicluna returns to the European Parliament as President of the Council of Economic and Financial Affairs (ECOFIN) to expound the Presidency programme

    Minister for Finance Edward Scicluna appeared before the Economic and Financial Committee of the European Parliament (ECON) in his capacity as President of the Council of Economic and Financial Affairs Council (ECOFIN). Minister Scicluna had served as Vice-Chairman of the ECON for four years when he was a Member of the European Parliament (MEP).  …

  • Malta hi Tax Haven?

    Malta hi Tax Haven?

    Jekk hemm kelma li qed tintuża ħafna fil-midja sew lokali u speċjalment barranija hija l-kelma Ingliża, tax haven, li tfisser port kenni jew x’imkien fejn jipproteġi mit-taxxa. Il-frażi użata mill-Franċiżi u t-Taljani hija paradis fiscal u paradiso fiscale, jiġifieri ġenna fiskali. It-tlett frażijiet jirreferu għal kenn mill-ħlas tat-taxxa, però, kenn mil-liema taxxa? Taxxa għolja. Jiġifieri…

  • Ir-riskju meqjus

    Ir-riskju meqjus

    Ir-riskju bħala kunċett huwa bbażat fuq il-probabiltà li fil-futur, ser tiġri xi ħaġa. Meta nitkellmu fuq riskju, jiġuna f’moħħna l-aċċidenti, bħal pereżempju r-riskju assoċċjat mas-sewqan ta’ xi vettura, jew li tivvjaġġa permezz tal-ajruplan, vapur jew ferrovija. Hemm min, biex jiċċajta, jgħid li saħansitra s-sempliċi fatt li jmur jorqod fis-sodda jippreżenta ċertu ammont ta’ riskju, għax…

  • Record low 2016 third quarter deficit

    Record low 2016 third quarter deficit

    The Quarterly Accounts for General Government, published today by the NSO, show that the Government has succeeded in recording the lowest third quarter deficit since data on the General Government deficit started being compiled.   PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE Indeed, the General Government deficit for the third quarter of 2016 fell…

  • Indeed, a shocking matter

    Indeed, a shocking matter

    The recent issue of the alleged shocking €250 million over-spend by the Government for 2016 is an eye-opener to the independent-minded observer of the shabby way important issues are sometimes treated, with hardly any respect to the intelligence of the population at large. Here we have a subject which for any Opposition should be an…

  • Ir-riżoluzzjonijiet għall-2017, nagħmluhom biex niksruhom?

    Ir-riżoluzzjonijiet għall-2017, nagħmluhom biex niksruhom?

    Ma nafx kemm għadhom moda, però fl-ewwel tas-sena hemm id-drawwa li jsiru r-riżoluzzjonijiet għas-sena l-ġdida – min li ma jpejjipx iżjed jew li jagħmel dieta – insomma, kwalunkwe ħaġa li kienet drawwa fil-passat u jaf li ma kienitx tajba. Għalhekk, dak li jkun, għax irid ibiddel ir-rotta ta’ ħajtu, biex ngħidu hekk, jagħmel riżoluzzjoni biex…