In the Budget speech for 2019, Finance Minister Prof. Edward Scicluna announced various fiscal, social and environmentally friendly incentives, including the implementation of Anti-Avoidance Tax measures and emphasis on advancements in its technology strategies.
Even though the Government has extended and issued new incentives to alleviate poverty and social injustice, the prime fiscal objective remains that to operate within a fiscal surplus. In order to maintain and improve a greener economy various environmental, water and waste management policies will be implemented in 2019. Other measures include Anti-money Laundering policies, Digital Innovation and Disruptive Technology initiatives to harness new niches in the fintech sector.
For further information about the principal measures to be introduced kindly click here.
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