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Malta supports the EU VAT Action Plan

While delivering a speech at the Malta Institute of Management’s ‘VAT and EU Conference’, Minister for Finance, Prof. Edward Scicluna stated that the VAT system can be improved on account of its shortcomings in three particular areas.   Minister Scicluna retained that today, VAT is not responsive...

2016 deficit continues its decline in September

The Ministry for Finance welcomes the latest statistics published by the National Statistics Office (NSO) showing a decrease of €98 million in the consolidated fund deficit between January and September 2016 when compared with the same period last year.   The reduction in the deficit is buoyed...