Malta Budget Report 2003
2 0 0 3

Removal of Exchange Control Restrictions

Aim: To increase the amount Maltese citizens can send or invest abroad in foreign currency; to provide greater flexibility for local trade to operate in foreign exchange.

Measure: Liberalisation of exchange control - removal in stages of the major part of the remaining controls.

  • Repeal of Exchange Control Act;

  • Proposal of Exchange Transactions Act: provide necessary infrastructure for full liberalisation, give Minister of Finance authority to introduce measures & controls in times that would be critical for the balance of payments. 

Back to Budget 2003 Index

 >> kontakt

topbackTerms of Use  ::  Privacy Policy  ::  Links  ::  Member Login  ::  Client Login

© Chetcuti Cauchi Adwokaci, Malta. All rights reserved.

English English Studio Legale Malta Deutsch