In January-April 2018, Government’s Consolidated Fund registered a deficit of €95.9 million. In January – April 2017, a surplus of €21 million was registered. The main contributor to this deficit was an increase in expenses of €72.6 million, when compared to same period in 2017, under Programmes and Initiatives. The main developments in the Programmes...
Malta’s Cabinet of Ministers approved three bills, one of which is the Virtual Financial Assets (VFA) Bill that provides the regulatory framework for cryptocurrencies and initial coin offerings (ICOs). The other two bills are the Malta Digital Innovation Authority (MDIA) Bill and the Technology Arrangements and Services (TAS) Bill. All three were presented to the...
Employment & Unemployment Gainfully Occupied Population: In November 2017, registered full-time employment increased by 5.4 per cent while part-time employment as a primary job increased by 3.0 per cent when compared to the corresponding month in 2016. Inflation In March 2018, the annual rate of inflation as measured by the Harmonised Index of Consumer Prices...
Employment & Unemployment In February 2018, the number of persons registering for work stood at 2,005 decreasing by 27.5 per cent when compared to the corresponding month in 2017. Data provided by Jobsplus for February 2018 indicate a decline of 701 persons registering under Part I and a decrease of 60 among those registering under...
Updates on Malta’s latest Economic Statistics The following are the very latest main economic indicators pertaining to the Maltese economy:   GDP Provisional estimates issued on the 8th March 2018, indicate that the Gross Domestic Product (GDP) in 2017 amounted to €11,108.6 million, an increase of €916.9 million or 9.0 per cent when compared to...