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Edward Scicluna Tag

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 said on Wednesday.   Sharing the government’s budgeting for the year with social partners, Scicluna said his outlook of public...

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 2019. The main theme of the business visit organised by the Malta Stock Exchange (MSE)...

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 one of the fastest growing economies in the EU.   “Malta’s economic growth for 2018 exceeded expectations...

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 is supported by the expected continuing strong growth performance coupled with consistent current account surpluses, together with...

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