In a press release issued by the Ministry for Finance and Financial Services on 29th April 2020, the following points are reported as having been announced by the Minister, amongst others:
- The tax deferral scheme will be extended by a few months and Government will act depending on the forthcoming circumstances. No further details were provided;
- The Cabinet has taken a decision to change the insolvency laws to safeguard companies on the brink of bankruptcy;
- Discussions are underway regarding the difficulties that may be faced by companies offering bonds and shares to small investors on the Malta Stock Exchange.
Originally published 30 April 2020.
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