Category: Edward Scicluna

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Edward Scicluna Resigns As Finance Minister, To Become Central Bank Governor

Edward Scicluna will resign as Finance Minister in the coming days, and as an MP by the end of the year, to take up a new position as Governor of […]
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Government predicts a 7.5% deficit for 2020, with economy shrinking by 5.4%

Finance Minister unveils the government’s public finance forecasts     The government is predicting a 7.5 percent deficit for this year, but things could change overnight, Finance Minister Edward Scicluna […]
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Malta is committed to address issues related to money laundering and financial crime

“We are showing the world that Malta is very serious about addressing issues related to money-laundering and financial crime. It is the duty of financial practitioners to come forward with […]
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Financial sector business promotion in New York

Minister for Finance Edward Scicluna led a delegation of financial practitioners and regulators to a series of business seminars held in New York between the 15th and 16th of April […]
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Malta continues to be one of the fastest growing economies in the EU

The Ministry for Finance welcomes the latest GDP data published by the NSO which showed that the Maltese economy grew by 6.6 per cent in 2018, securing its position as […]
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S&P reaffirms ‘A-/A-2’ ratings with positive outlook

A Standard and Poor’s (S&P) credit rating report confirms Malta’s ‘A-/A-2’ long-term and short-term ratings and reaffirms the outlook of the Maltese economy as ‘positive’.   The ‘positive’ rating outlook […]
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Finance Minister invites member states 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 […]
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“Malta is amongst the most tax compliant countries” – Minister for Finance

“Indicators just published by the Organisation for Economic Co-operation and Development (OECD) portray Malta as a tax compliant jurisdiction. This is exactly what we have been stating all along in […]
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“The regulatory intervention in Fintech could make or break its development” – Minister Scicluna

“The nature of the regulatory response to FinTech is a critical topic for both regulators and market participants. The challenge is to identify when the regulator should step in – […]
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“Another positive report on Malta’s economic performance” – Minister Edward Scicluna

Minister for Finance Edward Scicluna welcomes the European Commission’s autumn forecast, published yesterday, which expects the Maltese economy to continue growing robustly with record low unemployment and moderate wage growth, […]
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Further business opportunities for the insurance agencies – Minister for Finance Edward Scicluna

Minister for Finance Edward Scicluna welcomed the renewed commitment of Argus Insurance Agencies to expand their operations in Malta, while addressing their staff with their business partners at an event […]
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The Maltese Presidency secures another agreement to combat the financing of criminal activity in ECOFIN

The Maltese Presidency of the Council of the European Union has sealed another agreement in the Economic and Financial Affairs Council (ECOFIN) on cash entering or leaving the European Union. […]
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