February 2018

The importance of DBRS’ and Moody’s ratings

During a press conference at the Ministry for Finance, Minister Edward Scicluna said that one should not fear and get used to economic growth, especially when keeping in mind that inflation is under control. Minister Scicluna was commenting on the upgrades by DBRS—to an A (High)—and a change in outlook to positive from stable by Moody’s. Minister Scicluna said that the key drivers behind such ratings are the reduction in debt and contingent ... [+]

In New Dehli for official meetings

Minister for Finance Edward Scicluna was in New Dehli, India at the invitation of the Global Business Summit organised by the Economic Times and Yes Bank to address the conference. Other speakers at the conference included Donald Trump Jr, Netflix founder Reed Hastings, Steve Wozniak of Apple, UBER CEO Dana ... [+]

Further rating upgrades for the Maltese economy

Malta welcomes yet another two rating upgrades by DBRS and Moody’s respectively. DBRS has upgraded the Republic of Malta to ‘A (high)’ from ‘A’, and Moody’s changed the outlook to ‘positive’ from ‘stable’.   Minister for Finance Edward Scicluna said that “from where I heard the news here in India, these upgrades mean more doors being opened for serious discussion, ... [+]

Żelqa kbira fin-niexef

Iċ-ċittadin li mill-paga ta’ kull erba’ ġimgħat titnaqqaslu t-taxxa dovuta u li fl-aħħar tas-sena tasallu d-dar l-informazzjoni mid-Dipartiment tat-Taxxa dwar x’ħallas taxxa u jekk għandux iħallas aktar jew kellux iħallas inqas, jixxokkja ruħu x’ħin jisma’ li kumpaniji kbar, ġganteski, jaħbu l-profitti tagħhom biex ma jħallsux it-taxxa dovuta. Sitwazzjoni li wieħed ... [+]

Member states invited to act on the Euro reform measures already agreed upon

During the Eurogroup meeting, convened on the eve of the Economic and Financial Affairs Council (ECOFIN) in Brussels on the 19th and 20th February 2018, Minister for Finance Edward Scicluna stated that, “Malta supports the strengthening and the added roles for the European Stability Mechanism (ESM). There is no trade-off between the independence and the governance structure ... [+]

IMF/World Bank Constituency meeting in Lisbon

Minister for Finance Edward Scicluna joined other finance ministers and Central Bank governors from Italy, Greece, Portugal, San Marino, Albania, and East Timor in a discussion within the joint International Monetary Fund (IMF) and World Bank Constituency meeting in Lisbon. PRESS RELEASE BY THE MINISTRY FOR FINANCE The meeting, hosted by the ... [+]

Il-Ministeru għall-Finanzi

Bi prudenza ngħid li f’Malta, bħal f’kull pajjiż ieħor, il-Ministeru għall-Finanzi huwa wieħed importanti ħafna. Importanza riflessa fil-laqgħat li jkollhom il-Ministri għall-Finanzi fuq bażi ta’ Unjoni Ewropea u anke f’laqgħat mondjali. Importanza li narawha riflessa wkoll fi ħdan il-Kabinett. Hemm ħafna raġunijiet li jwasslu biex tali Ministeru jingħata l-importanza li ... [+]

Institute of Financial Services Practitioners

“Malta’s competitiveness in having a well-trained workforce and expertise in place and efficient institutions and businesses, is resulting in the success we are registering in the financial services sector”, said Finance Minister Edward Scicluna while addressing members of the Institute of Financial Services Practitioners at an Efficiency and Innovation Conference, organised ... [+]

Thomson Reuters MSE Investment Managers’ Forum

While addressing an Investment Managers’ Forum organised by the Malta Stock Exchange, in collaboration with Thomson Reuters, Minister for Finance Edward Scicluna stated that “the reason for the financial services performing so well is that Malta is professional, and has the needed expertise to attract business to its shores.” The ... [+]

Minister for Finance Edward Scicluna in London for meetings

Minister for Finance Edward Scicluna was in London at the invitation of the special envoy to the Prime Minister for investment and promotion, Joe Zammit Tabona. He was also accompanied by the Chairman of the Malta Stock Exchange, Joseph Portelli, and his Chief of Staff, Paul Debattista. PRESS RELEASE BY THE ... [+]