|Finance Minister of Malta |
Ministru tal-Finanzi ta' Malta
Coat of Arms of the Republic of Malta
|Appointer||President of Malta|
|Term length||General elections are held every five years at a maximum, but may be held sooner. No term limits are imposed on the office.|
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politics and government of
The Finance Minister of Malta is the head of the Ministry for Finance.
The Finance Minister has an important constitutional role. This constitution assigns the exclusive competence to the Finance Minister to initiate a legislative bill on financial measures. This means that financial measures cannot be introduced through a private member's bills amongst others. Furthermore, the constitution assigns the duty to the finance minister to lay before the House of Representatives not later than thirty days after, the commencement of each financial year estimates of the revenues and expenditure of Malta for that year.
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The politics of Malta takes place within a framework of a parliamentary representative democratic republic, whereby the President of Malta is the constitutional head of state. Executive Authority is vested in the President of Malta with the general direction and control of the Government of Malta remaining with the Prime Minister of Malta who is the head of government and the cabinet. Legislative power is vested in the Parliament of Malta which consists of the President of Malta and the unicameral House of Representatives of Malta with the Speaker presiding officer of the legislative body. Judicial power remains with the Chief Justice and the Judiciary of Malta. Since Independence, the party electoral system has been dominated by the Christian democratic Nationalist Party and the social democratic Labour Party.
The Department of the Treasury (USDT) is an executive department and the treasury of the United States federal government. Established by an Act of Congress in 1789 to manage government revenue, the Treasury prints all paper currency and mints all coins in circulation through the Bureau of Engraving and Printing and the United States Mint, respectively; collects all federal taxes through the Internal Revenue Service; manages U.S. government debt instruments; licenses and supervises banks and thrift institutions; and advises the legislative and executive branches on matters of fiscal policy.
The President of the Republic of Korea is, according to the South Korean constitution, the chairperson of the cabinet, the chief executive of the government, commander-in-chief of the armed forces, and the head of state of South Korea. The Constitution and the amended Presidential Election Act of 1987 provide for election of the president by direct, secret ballot, ending sixteen years of indirect presidential elections under the preceding two governments. The president is directly elected to a five-year term, with no possibility of re-election. If a presidential vacancy should occur, a successor must be elected within sixty days, during which time presidential duties are to be performed by the prime minister or other senior cabinet members in the order of priority as determined by law. While in office, the chief executive lives in Cheong Wa Dae, and is exempt from criminal liability.
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The Ministry of Finance is the government department responsible for Greece's public finances. The incumbent minister, since 23 September 2015, is Euclid Tsakalotos of Syriza.
Lesbian, gay, bisexual and transgender (LGBT) rights in Malta are of the highest standards, even by comparison to other European countries, according to the United Nations. Throughout the late 20th and early 21st centuries, the rights of the LGBT community received more awareness and same-sex sexual activity became legal in 1973, with an equal age of consent.
Budget Day is the day that a government presents its budget to a legislature for approval, typically in a ceremonial fashion. It only exists in some countries of the world.
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The Northern Ireland Assembly was a legislative assembly set up by the Government of the United Kingdom on 3 May 1973 to restore devolved government to Northern Ireland with the power-sharing Northern Ireland Executive made up of unionists and nationalists. It was abolished by the Northern Ireland Act 1974.
The State of Malta, known in common parlance as Malta, was the predecessor to the modern-day Republic of Malta. It existed between 21 September 1964 and 13 December 1974.
Proposition 1F of 2009 was a measure approved by California voters relating to the salaries of state officers. It was an amendment of the Constitution of California prohibiting pay raises for members of the State Legislature, the Governor, and other state officials during deficit years. It was proposed by the legislature and approved in a referendum held as part of the May 19, 2009 special election ballot, in which the California electorate also voted on five other propositions.
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The Fiscal Responsibility and Budget Management Act, 2003 (FRBMA) is an Act of the Parliament of India to institutionalize financial discipline, reduce India's fiscal deficit, improve macroeconomic management and the overall management of the public funds by moving towards a balanced budget and strengthen fiscal prudence. The main purpose was to eliminate revenue deficit of the country and bring down the fiscal deficit to a manageable 3% of the GDP by March 2008. However, due to the 2007 international financial crisis, the deadlines for the implementation of the targets in the act was initially postponed and subsequently suspended in 2009. In 2011, given the process of ongoing recovery, Economic Advisory Council publicly advised the Government of India to reconsider reinstating the provisions of the FRBMA. N. K. Singh is currently the Chairman of the review committee for Fiscal Responsibility and Budget Management Act, 2003, under the Ministry of Finance (India), Government of India.
The Twenty-ninth Amendment of the Constitution Act 2011 is an amendment to the Constitution of Ireland which relaxes the previous prohibition on the reduction of the salaries of Irish judges. It was approved by a referendum on 27 October 2011 signed into law on 17 November 2011. It was held on the same day as a referendum on Oireachtas Inquiries, which was rejected, and the presidential election at which Michael D. Higgins was elected.
Karmenu Mifsud Bonnici is a Maltese politician who served as Prime Minister of Malta from December 1984 to May 1987. He is a member of the Labour Party. He studied law at the University of Malta.
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2017 Union Budget of India is the