Government committed towards reducing bureaucracy and improving competitiveness

The Minister for Finance Prof. Edward Scicluna stated that the Government is committed towards reducing bureaucracy and increasing competitiveness so as to encourage further investment.

PRESS STATEMENT BY THE MINISTRY FOR FINANCE

Prof. Scicluna was speaking during the opening address to the Malta Association of Credit Management conference which was held at the Hotel Corinthia in Attard.

Minister Scicluna highlighted the fact that the Maltese economy was presently strong and that during the budget which was presented on Monday the Government introduced a number of measures aimed at sustaining economic growth.

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Minister Scicluna mentioned the present volatile situation in the North African region, but said that owing to our strategic position and economic stability we have managed to attract international organisations and businesses to set up their operations in Malta.

“Malta has become the ideal place to conduct business from,” Prof Scicluna said.