December 2017

Record economic growth translates into higher employment income and profits

The €700 million increase in GDP in the first three quarters of this year were distributed in a €200 million increase in compensation of employees, a €350 million increase in business profits, and a €150 million increase in revenue from production and imports taxes. PRESS RELEASE BY THE MINISTRY FOR FINANCE Minister for Finance Edward Scicluna said: ‘I am pleased to note that the growth is indeed being enjoyed by all as ... [+]