News Release – Friday 19 May 2017

The Board of Governors of the National Development and Social Fund (NDSF) reports that as at 30 April 2017, the NDSF recorded total revenues of €216,760,949. No withdrawals have yet been made from the above-mentioned Fund. Funds received by the NDSF are held in a segregated account in the name of the NDSF with the Central Bank of Malta.

The National Development and Social Fund is a government agency established for the purpose of managing and administering seventy per cent of the contributions received from the Individual Investor Programme of the Republic of Malta set up by virtue of the Malta Citizenship Act Cap.188.

The offices of the NDSF are situated at 46, West Street Valletta, VLT 1531, Malta.