Malta
Vai alla Scheda Paese »Measure 100 times and cut once.
— Maltese proverb
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The re-generation of the South-East
The organization Wirt iz-Zejtun last Saturday held its third symposium.In its first two, it hadt kept rigorously to Zejtun - the first as regards Roman ruins and the second to commemorate a battle against Muslim invaders.Now, in its third symposium, it came out of Zejtun both physically in that the ...
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Muscat returns for Arezzo in 1-0 win
Zach Muscat was back in Arezzo’s starting formation as the Maroons grabbed a 1-0 win over Racing Roma to maintain their good start to the season. Muscat had missed out on Arezzo’s 3-2 defeat to Cremonese as he was on international duty for Malta’s 2018 World Cup Group F qualifiers against ...
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Budget 2017: Of social justice, meals on wheels and students in difficulty
Social InclusionHousing SectorThrough the assistance of European funds, the Housing Authority will begin, during the last quarter of 2017, a series of works to install lifts and upgrade government social housing. This process is expected to be concluded over a period of six years. The maintenance of communal areas and ...
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Budget 2017: Cancer treatment services to improve to levels of excellence... by 2021
Primary CareFor the purposes of expanding primary care, the government will be launching a regional healthcare hub in Paola on the site where Pace Grasso currently sits today. It was also announced that the government will be revamping a number of existing healthcare centres around Malta. A new project will ...
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Budget 2017: Pensions and pensioners given a boost
PensionsFor the second consecutive year, the government will be increasing the pension. As from next January, pensioners will receive an increase of €4 each week or €208 each year. This increase will also be subject to the pro-rata. Persons 61 years or older will not be paying income tax on ...
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Budget 2017: COLA at €1.75 per week, concessions for transfer of business
Cost-of-living AdjustmentThe cost-of-living compensation will be increased by €1.75 each week. This increase will be given to every employee including pensioners and all those who live on social benefits. As for students, the stipends will be increased on a pro-rata basis.Fiscal measuresThe government intends to remove the eco-contribution tax on ...
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Budget 2017: Revenue and expenditure
RevenueDuring the first eight months of 2016, recurrent revenue increased by €100.2 million and reached a total of €2,322.6 million. The share of government revenue from taxes stood at its highest for the past four years, at 91.2 per cent of total recurrent revenue. Revenue from taxes increased by €200.5 ...
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Editorial: Budget 2017 - Socially minded but ignores middle class
The way the Budget Speech was written, and read, makes it extremely difficult to assess it holistically. One has to take a step back and try and get an overview to try and assess what are the Budget 2017’s aims and intentions. This is what we will try to do ...
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Budget 2017: Kappara project set to finish next year, aim to reach target of 2 million tourists
Government to start construction of three schools Government plans to initiate the construction of three primary schools in the coming year — one in St Paul’s Bay, one in Marsascala and the other in Rabat, Gozo. Educational use of tablets in every Year 4 class in all primary schools has ...
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The only one who expected energy tariff reductions was Simon Busuttil - Prime Minister
Prime Minister Joseph Muscat said this evening that the only person who was expecting and pumpint the idea of a reduction in energy tariffs was Opposition Leader Simon Busuttil.Replying to questions by The Malta Independent during a post-budget press conference this evening, Dr Muscat did not say whether tariffs would ...
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Budget 2017 reactions: Commendations and regrets
Reactions to the presentation of the budget have been made by constituted bodies, unions and other organisations.Malta Chamber of Commerce, Enterprise and IndustryThe Malta Chamber of Commerce, Enterprise and Industry noted the underlying priorities of the 2017 Budget Speech, namely, fiscal consolidation, strong economic growth and better living standards for ...
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MPA praises budget measures to address outstanding overtime compensation issues
MPA praises budget measures to address outstanding overtime compensation issues, wishes more police measures were includedThe Malta Police Association has praised the 2017 budget announcement that injustices from extra overtime hours worked by the police between 1993 and 2009 will be addressed.“It is a fact that the work of the ...
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Budget 2017: €3.2 million over two years for Gozo fibre optic link
Environment and AgricultureAdvisory Committee to strengthen enforcement against illegal dumping on public spaces will be set upAn advisory committee to strengthen legislation and enforcement with regard to abusive dumping on public spaces will be set up in 2017.2017 will also see work continue on a number of projects, including the ...
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INDEPTH: New power station will be operational three weeks after permit is issued
Electrogas, the company in charge of setting up the new gas power station, is all set to go as it is only waiting for the necessary permits from the local authorities before it can become fully operational.This was confirmed by engineer Catherine Halpin, Commercial Director at Electrogas Malta who was ...
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Budget 2017 measures impossible without deficit reduction - PM
This year's Budget hinged on the government's success in exceeding its deficit targets, Prime Minister Joseph Muscat said this evening. Speaking at a press conference following his finance minister's gruelling three-hour Budget 2017 speech, Dr Muscat said the "social" Budget was in large part thanks to excellent deficit reduction results. "Had those ...
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Watch: Utility tariff cut rumours were the PN's doing, says PM
The Opposition had been “pumping the idea around” that utility prices would be cut as part of Budget 2017, Prime Minister Joseph Muscat said.Speaking to the Times of Malta, Dr Muscat said expectations that utility prices would drop had stemmed from the Opposition and were not based on anything concrete. This ...
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Watch: The 2017 Budget at a glance
Taxation Income tax on government pensions and private pensions up to €13,000 will be removed next year A €1.75 wage increase as part of the cost of living adjustment Low-income people will actually be getting a raise of €4 per week through improvements to the in-work benefit and the supplementary allowance Income tax on ...
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Incentives for occupational pension schemes
The government will next year offer fiscal incentives to employers who voluntarily opt to set up occupational pension schemes, Finance Minister Edward Scicluna announced in the Budget speech today. The incentives will be in the form of tax credits. The minister said Malta's financial infrastructure is to be strengthened next year ...
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No power tariff cuts, but more incentives for renewable energy use
Finance Minister Edward Scicluna this evening dashed hopes that power tariffs would be reduced in Budget 2017 but said households will be able to invest in 'solar bonds' and benefit from the yield on photovoltaic installations installed in public spaces. He said that some 1,000 families will benefit from grants for ...
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Tax cuts on property purchases, transfer of family business; subsidy on rents to double
Updated - The government will be waiving tax on dividends from investment on the Malta Stock Exchange. Presenting the 2017 Budget, Finance Minister Edward Scicluna said that for next year only, the government will be facilitating the transfer of family businesses from parents to their children by reducing the tax on ...
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LIVE commentary: Budget 2017
It's that time of the year when you sit in front of a laptop or TV and wonder whether your salary/pension/allowance/guilty pleasure would be impacted next year. Herman Grech will update you as it happens. 9.25pm: It's not over yet. The Prime Minister and the Opposition leader will now hold their press ...