A surplus of €61.9 million was recorded in the consolidated fund during the month of August while the deficit for the first eight months of this year decreased to almost half that recorded last year. This data emerged from the latest Government Finance Data issued today...
Malta has continued to rank among the top 5 European Union Member States according to the latest Competitiveness scoreboard published by the European Commission today. The Minister for the Economy, Investment and Small Business Chris Cardona attended the Competitiveness Council meeting in Brussels where EU Ministers...
Minister for Finance Edward Scicluna stated that risk is a matter of concern which needs to be carefully managed, while risk aversion in itself can potentially stifle investment especially in relation to emerging markets. While speaking during a seminar organised by the Minister Federation of European...
In its latest report on Malta, DBRS Ratings Limited confirmed the country’s stable outlook and its ‘A’ rating, referring to the country’s economic resilience, thanks to its low reliance on external financing and its successful efforts at restructuring state owned enterprises which had run into...
The strong momentum exhibited by the Maltese economy during the last three years has continued during the first half of this year. Indeed, figures published by the NSO show that the Maltese economy grew by 4.1 per cent in real terms during the first half...
The Ministry for Finance welcomes the latest rating by the international credit rating agency Moody’s re-affirming Malta’s rating at A3 with a stable outlook. The Ministry notes that the main factors underpinning Moody’s rating were Malta’s resilient economy, its competitiveness level, the recent structural reforms, the...
The participants in the 2016 IFSP Foundation Certificate in Trusts Law and Management course have just sat for the exam leading to the conferral of the certificate. They were joined by students from the Faculty of Laws who had followed the trusts module at the...
The Institute of Financial Services Practitioners (IFSP) is an association that brings together most of the practitioners in the financial services industry in Malta. From very small beginnings, the sector now accounts for a substantial share of Malta’s GDP, employing a large number of people...