December 2018

Institute of Financial Services during its annual dinner

When addressing the Institute of Financial Services’ annual dinner, Minister for Finance Edward Scicluna recounted how the financial crisis of 2008 and the slow economic growth resulted in the country’s deficit running at 3.5% and the national debt hovering close to 70% by 2012.   “The turnaround we have achieved since then has a lot to do with us changing tack in our fiscal management. We could not just depend on our bankers to be ... [+]