An updated Memorandum of Understanding (MoU) has been signed between the Central Bank of Malta, the Malta Statistics Authority, and the National Statistics Office (NSO).
This MoU focuses on the exchange of statistical information and strengthened cooperation in the area of economic and financial statistics.
The signatories to the agreement are the Governor of the Central Bank of Malta, Professor Edward Scicluna, the Chairman of the Malta Statistics Authority, Carl Camilleri, and the Director General of the National Statistics Office, Etienne Caruana.
The MoU builds upon a long-standing professional cooperation between the Central Bank of Malta and the National Statistics Office.
It includes appropriate provisions covering a wide range of statistical areas within which the entities collaborate to fulfil their national and international mandates.
Among others, these areas include the sharing and transfer of statistical data and registers, the exchange of knowledge and resources, and the fulfilment of enhanced statistical requirements at the European and international level.
Through the MoU, the institutions also commit to maintaining the highest statistical standards while further enhancing cooperation in statistical information systems and IT infrastructure.
During the event, Caruana underscored the strategic importance of enhanced collaboration between the National Statistics Office and the Central Bank of Malta. He highlighted that the exchange of data strictly for statistical purposes is essential to improving the quality and timeliness of official statistics.
Caruana expressed his satisfaction with the progress made in recent years, noting that the partnership has strengthened considerably. This joint effort is guided by the principles of producing more robust statistical outputs and adhering to the once-only principle.
Camilleri remarked that the signing of subsequent agreements stands as a testament to the ongoing cooperation between the two institutions. He emphasised that the sharing of information and expertise is essential in today’s fast‑paced, globalised economy.
Scicluna noted that “this agreement will further enhance collaboration among the parties, fostering the exchange of vital statistical data and supporting continuous improvements in quality and standard.’’
