Month: July 2019

  • Maltese Delegation meets top UK AML/CFT Officials in London

    Maltese Delegation meets top UK AML/CFT Officials in London

    Last week Minister for Finance Prof Edward Scicluna led a Maltese delegation to London. The purpose of the visit was to gain an understanding of how the UK crime agencies combat money laundering and terrorism financing. PRESS RELEASE BY THE MINISTRY FOR FINANCE The delegation was composed of high officials from the National Coordinating Committee,…

  • Is-sħab soċjali jressqu l-proposti tagħhom bi tħejjija għall-Baġit 2020

    Is-sħab soċjali jressqu l-proposti tagħhom bi tħejjija għall-Baġit 2020

    Fil-Kunsill Malti għall-Iżvilupp Ekonomiku u Soċjali issoktaw it-tħejjijiet għall-baġit li jmiss, bis-sħab soċjali u l-membri tal-MCESD iressqu l-proposti u jesprimu l-aspirazzjonijiet tagħhom għas-sena li ġejja u lil hinn minnha, wara li ngħataw preżentazzjoni dwar il-qagħda ekonomika mill-Ministru għall-Finanzi Edward Scicluna. Fl-introduzzjoni tiegħu, is-Segretarju Parlamentari għall-Fondi Ewropej u Djalogu Soċjali Aaron Farrugia qal li dan huwa…

  • Discussing efforts in combating terrorist financing and financial crimes

    Discussing efforts in combating terrorist financing and financial crimes

    Minister for Finance Edward Scicluna held a meeting with the U.S. Department of Treasury Assistant Secretary for Terrorist Financing Marshall Billingslea during which they discussed efforts in combating terrorist financing and financial crimes. PRESS RELEASE BY THE MINISTRY FOR FINANCE The meeting was also attended by Parliamentary Secretary for Financial Services, Digital Economy and Innovation…

  • Fiscal data for the first half of 2019 in line with targets

    Fiscal data for the first half of 2019 in line with targets

    The Ministry for Finance welcomes the latest Government Finance Data, published by the National Statistics Office (NSO), which shows that for the first half of this year, Government revenue continued to be bouyant, with the increase in tax revenue rising by €218 million or 12.5 per cent, reflecting an increase in employment income coupled with…

  • €405,532 f’fondi għal proġetti fil-komunita’

    €405,532 f’fondi għal proġetti fil-komunita’

    19-il għaqda mhux governattiva gawdew bejniethom aktar minn €405,000 f’fondi sabiex bihom huma jkunu jistgħu ikomplu jagħmlu ġid fil-komunita’ tal-belt jew r-raħal tagħhom. Il-fondi li ġew iffinanzjati mill-Fond tal-Lotterija Nazzjonali għal Kawżi Ġusti ġew imqasma mill-Ministru għall-Finanzi l-Professur Edward Scicluna. Il-Ministru fisser kif b’dawn il-flus, il-komunita’ Maltija u Għawdxija inġenerali minn kull aspett tal-ħajja ser tkun…

  • Nedukaw għal Stil ta’ Ħajja Aħjar

    Nedukaw għal Stil ta’ Ħajja Aħjar

    Fost ix-xogħol tal-Gvern u għalhekk ta’ kull Ministeru jew Ministru, li hemm xogħol kbir u diffiċli u hemm xogħol inqas diffiċli. Wieħed jimmaġina li proġett ikun ikkumplikat u li jieħu ħafna xhur jekk mhux snin, b’konsulenti, project management jitqies diffiċli. L-istess fl-għalqa finanzjarja, fil-baġit, il-mod kif jirnexxilek li żżomm l-ispiża, li jkollok surplus b’mod li…

  • Riżorsi Finanzjarji tal-Unjoni Ewropea

    Riżorsi Finanzjarji tal-Unjoni Ewropea

    Matul din il-ġimgħa fi Brussel saret l-aħħar laqgħa tal-Kunsill tal-Ministri għall-Finanzi qabel ma jkun hemm pawża qasira għall-vaganzi tas-sajf.  Peress li din kienet l-aħħar laqgħa, normalment tkun waħda kajmana, b’aġenda żgħira u b’diskussjoni kemmxejn kwieta.  Minkejja dan, f’din il-laqgħa trattajna suġġett importanti ħafna magħruf bħala “own resource”.  “Own resource” jirreferi għar-riżorsi tal-Unjoni Ewropea f’dak li…

  • AIIB annual meeting in Luxembourg

    AIIB annual meeting in Luxembourg

    Minister for Finance Edward Scicluna attended the AIIB annual meeting in Luxembourg. He was accompanied by the Deputy Governor of the Central Bank Alessandro Demarco.       Saturday 13th July 2019

  • Fitch upgrades Malta’s rating outlook to positive

    Fitch upgrades Malta’s rating outlook to positive

    The Ministry for Finance welcomes Fitch’s outlook upgrade for Malta from ‘Stable’ to ‘Positive’ and its reaffirmation of the sovereign credit rating at A+. Fitch attributes the upgrade to Malta’s robust economic growth, positively noting that in 2018 Malta was the fastest growing economy in the European Union (EU). The fiscal surplus recorded in the…

  • L-Ekonomija Maltija Hija Sostenibbli?

    L-Ekonomija Maltija Hija Sostenibbli?

    Kelma li wieħed jinnota li qed tintuża spiss fil-media kemm mir-rating agencies, kif ukoll mill-Kummissjoni Ewropea hija s-sostenibilita’ tal-ekonomija. Meta jkunu qegħdin jitkelmu dwar is-sostenibilita’, dawn ikunu qegħdin jirreferu sew għall-ekonomija Maltija, kif ukoll anke fuq is-sistema jew reġim ta’ taxxi li għandha Malta li huma kompetittivi. Minkejja dan is-suċċess ekonomiku, wieħed mingħajr ma jrid…