Finance Minister Edward Scicluna to step down

Professor Edward Scicluna

It is reported that Finance Minister Edward Scicluna is to resign as Minister and Member of Parliament to take up new post as Governor of the Central Bank.

Mario Vella, who is currently holding this post, will be appointed as Special Commissioner for Economic, Financial and Business Relations with the United Kingdom, from the beginning of next year.

Professor Edward Scicluna, as Finance Minister since 2013 when Labour swept to power, has guided the country’s finances to levels never before achieved in the country.