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Persistence and entrepreneurial spirit of the Maltese nation will see it through the challenges of increased regulatory requirements
“We have done pretty well with regards to economic growth as everyone can see, and the growth in the capital market is also something of an achievement. I am sure that every one of you has a vested interest to see this positive development continue.” This was stated by the Minister for Finance Edward Scicluna…
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Another positive report on Malta’s economic performance
Minister for Finance Edward Scicluna welcomes the European Commission’s autumn forecast, published yesterday, which expects the Maltese economy to continue growing robustly with record low unemployment and moderate wage growth, with the current account and the budget balances set to remain in surplus. PRESS RELEASE BY THE MINISTRY FOR FINANCE Malta is expected to also…
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The regulatory intervention in Fintech could make or break its development
“The nature of the regulatory response to FinTech is a critical topic for both regulators and market participants. The challenge is to identify when the regulator should step in – the regulatory ‘tipping point’ between allowing innovation to develop without regulatory intervention and taking regulatory initiatives. Malta’s evolving approach towards Fintech is one that aspires…
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ĦIDMIETNA SABIEX INLESTU MALTA GĦALL-FUTUR
X’impatt dirett ħalla fuq il-poplu Malti l-Baġit 2018? Ir-reazzjonijiet li kien hemm għall-Baġit 2018 minn kull faxxa tal-ħajja juru biċ-ċar li l-impatt kien wieħed pożittiv ħafna. Dan joħroġ ukoll mir-reazzjoni tal-korpi kostitwiti. X’impatt għamlet l-ekonomija fit-turiżmu? Żdied l-infieq tat-turisti? Din is-sena mistennija tkun sena oħra rekord għall-industrija tat-Turiżmu u għas-sena d-dieħla, in-numru ta’ turisti mistenni…
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Tax issues at Eurogroup and ECOFIN meetings
“The adoption of the principle of proportionality when dealing with small, though systemic banks, should be taken into consideration during the implementation process of any Banking regulations”. This was stated by Minister for Finance Edward Scicluna during the Eurogroup meeting in the margins of the Economic and Financial Affairs Council (ECOFIN) in Brussels. PRESS RELEASE…
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Eurogroup meeting – November 2017
“The benefits of human capital experienced by the economy as a whole, as well as on a personal level, are undeniable. Malta remains committed to continue to invest in education and training thereby continuing to improve the quality of our labour force. Government will further its work in this area and will build on the…
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We are succeeding in having a diversified access to finance
“We have been introducing a number of fiscal measures all aimed at attracting investors to use alternative financial institutions where to invest other than the traditional banking sector. Such diversification will not only increase the options of access to finance by the economic operators but will reduce the cost of finance”, said Minister Edward Scicluna…
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F’ġieħ Is-Saltna tad-Dritt
F’ġieħ Is-Saltna tad-Dritt Dak li jiddistingwi stat demokratiku, fejn kollox jimxi bl-ordni, minn stat fejn tirrenja l-liġi tal-ġungla, fejn min hu l-aqwa jħawwel, huwa t-tħaddim ta’ dak li l-Ingliżi jirreferu għalih bħala ‘law and order’, funzjoni li toħroġ mir-‘Rule of Law’. Aħna, bħala Maltin, nirreferu għal dan bħala t-tħaddim tas-Saltna tad-Dritt. Sitwazzjoni li ma timxix…
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The Malta Development Bank: A catalyst of alternative finance
“The Malta Development Bank’s strategic objective is to address market failures by offering financing facilities to support productive and viable operations where the market is unable or unwilling to accommodate such activities on its own in whole or part. Its operations will focus on the provision of facilities to SMEs and infrastructure projects that contribute…