MINISTRY FOR FINANCE AND EMPLOYMENT
Hon. Clyde Caruana
Mr Paul Zahra
Gives the necessary and effective financial support to all the other Departments and to management in
the exercise of their responsibilities.
Budget Ensuring that the budgetary process incorporating Ministries, Departments and Public Entities,
is managed in a timely manner, within set financial parameters.
Maintains an effective accounting methodology and relevant accounting systems across Government;
monitors Government’s cash flow position; determines the size and composition of the Government’s
capital structure and issue compensatory payments to Government employees and Treasury Pensioners.
Provides taxpayers with quality and timely service, encourages compliance and simplify procedures.
Ensures that taxpayers pay their fair share of tax and that taxes are collected promptly, whilst the cost of
collection is kept low.
Administers the Value Added Tax efficiently, effectively and fairly and thus securing the revenue yield
according to government’s targets while minimising the compliance costs to businesses, in line with
Government’s policy of ensuring sound public finance.
Customs and Excise
Manages, controls and directs Customs to ensure that functions are properly discharged, with efficiency
Ensures fairness, transparency and equitability in the award of public contracts by Government
Departments and Public Corporations.
Responsible for strategic planning and policy co-ordination across the Ministry. It is also responsible for
the national economic strategy and matters related to international economic relations.
Malta Statistics Authority
Responsible for the collection, compilation, analysis and publication of a wide range of statistical
information and related matters.
Relations with Central Bank
The Central Bank maintains price stability and ensures a sound financial system, thereby contributing to
sustainable economic development.