Top 5% of taxpayers responsible for one-third of all income tax paid in Malta
On the other hand, the bottom third of income earners pay just 1.7% of all income tax generated
Economic recovery could be haphazard in 2021 if precautions are not taken – MDB’s Josef Bonnici
‘We caution against a possible K-shaped recovery, where different parts of the economy would recover at different rates’
Maltese Government registers €1.34bn deficit by end November
COVID-19’s bite felt across the Government’s finances
Malta’s workforce shows resilience in Q3 as number of employed at par with previous quarter
The average monthly basic salary of employees for the third quarter of 2020 was estimated at €1,536
Gozo, Comino contributed 4.4% or €586m of Malta’s entire GDP in 2019
Almost all industries in the Gozo and Comino region registered increases in employment during 2019
Malta’s small and medium enterprises to receive additional €28 million
The agreement was signed earlier today
Bank of Valletta to launch Energy Efficiency and Renewable Energy Financing Product
Bank of Valletta was awarded a major share of the fund following a public call issued by the European Investment ...
Dip in inflation registered in November
The largest upward impact was measured in the food index
MFSA publishes supervisory priorities for 2021
These are complementary to the investor protection, market integrity and financial soundness objectives of financial regulation
Malta registers current account deficit of €107 million in Q3 2020
This compares to a current account surplus of €282.5 million in Q3 2019
‘Whether early or late in the year, 2021 should see us slowly back to normality’
Former Finance Minister Edward Scicluna discusses driving economic recovery in the context of future challenges
Moratorium on loan repayments to extend into 2021
Newly appointed Finance Minister Clyde Caruana said details will be provided shortly
Malta’s trade deficit at €84.2m during October 2020, down from a €311m deficit in October 2019
Between January and October, main increases and decreases in imports were registered from China and the UK, respectively
Fitch Reaffirms Malta’s A+ Rating, Expects Economy To Shrink By Greater Margin In 2020 Than Last Predicted
The global credit rating agency now forecasts Malta’s economy to shrink by -7.7% in 2020, as opposed to the -6.9% ...
Government to issue ‘green bonds’ to help finance environmentally sustainable projects
Finance Minister Edward Scicluna announced that the Government will be issuing “green bonds” to help finance environmentally sustainable projects.