Malta’s Blockchain and Fintech Regulatory Framework came into effect as from 1st November, 2018. This regulatory framework includes both regulation for the Blockchain technology and for the Fintech space, including ICOs and Service Providers like Crypto Exchanges. For further details on this regulatory framework, kindly contact: silvan.mifsud@emcs.com.mt Public Finances – Balanced Public Finances by end...
The key indicators that emerge from the Labour Force Survey for the period 2012 and 2017 are presented below. In some instances these are compared with the EU 28 data for 2017. 1. During 2017, the national estimate for the employment rate (ages 15-64) stood at 69.2%, 1.5 percentage points higher than the EU 28...
In the period January-August 2018, Government’s Consolidated Fund registered a deficit of €3.1 million. Compared to the same period last year, recurrent revenue rose by €160.3 million whereas total expenditure went up by €194.6 million. This resulted in a negative change in the Government’s Consolidated Fund by €34.2 million. The Malta Digital Innovation Authority (MDIA)...
Provisional estimates indicate that Malta’s Gross Domestic Product (GDP) for the second quarter of 2018 amounted to €3,001.1 million, an increase of €238.0 million or 8.6% when compared to the corresponding period last year. In real terms, GDP went up by 5.9%. Fintech & Virtual Financial Asset (VFA) Regulation soon to become operative July and...
Gross Domestic Product (GDP) for the first quarter of 2018 amounted to €2,795.1 million, an increase of €171.0 million or 6.5 per cent when compared to the corresponding quarter last year. In real terms, GDP went up by 4.4 per cent. Inbound Tourism Total inbound visitors for April 2018 were estimated at 234,488, an increase...