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Josef Bonnici takes over as Central Bank Governor
Former PN minister Josef Bonnici has been formally appointed as the new Central Bank Governor.
1 July 2011, 12:00am
Karl Stagno-Navarra
Karl Stagno-Navarra
1 min read
Bonnici, 57, takes over from Michael C. Bonello who relinquished his post after almost ten years in office and overseeing the changeover to the euro from the Maltese Lira in 2008.
Prime Minister Lawrence Gonzi handed the letter of appointment to Josef Bonnici yesterday evening.
Josef Bonnici is a Professor of Economics and Head of Department at the University of Malta, focusing primarily on Monetary Economics, Macroeconomics and Econometrics.
Bonnici graduated in Economics from the University of Malta, and read for his Masters and PhD from Simon Fraser University, Canada specialising in the areas of Monetary Economics, Macroeconomics and Econometrics.
He was awarded a Doctor of Humanities, Honoris Causa from Rikkyo University in Japan. He has published books and many articles in professional Economics journals, and lectured at Deakin University in Australia, and Simon Fraser University in Canada.
Bonnici returned to Malta in 1988 as an advisor to the Prime Minister on economic affairs. Subsequently he became active in the political field and was appointed Parliamentary Secretary in Finance (1993-1995) and Minister for Economic Services in two legislatures (1995-1996, 1998-2003). His portfolio of responsibilities included that of economic development policy.
He was an Observer member of the European Parliament upon Malta's entry into the EU, and his last appointment was that of a Member of the European Court of Auditors, with responsibility for the institution's Statement of Assurance (DAS) and Elected Dean of the Coordinating Chamber of the Court.
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well ma kellux krizi ta kuxjenza il Gonz. Possibli li ma kinex hemm haddiehor aktar sura, forsi xi Larurist u know.... Issa naraw xo froga ohra. L'aqwa li kisser il hedging egreement l'artist!!!!
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Let's hope Profs Bonnici does not repeta the Oil Hedging agreement botch up.
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One man one job.forsi ghax ma jistghax ilahhaq mal-hajja?
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Jien zgur u cert illi dan il Profs imparzzjali immens se jkun fl-interpretazzjoni tieghu tat-trends ekonomici!....more jobs for the boys...qisha Malta tal-PN biss!
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Ara, Cuc Malti iehor!
Mela dan mhux il-gwap li m'ghamilx il-hedging?
https://mazzun.wordpress.com/2011/06/16/gonzi-jkompli-jeghreq-fil-konservattivizmu-il-kwistjoni-tar-riproduzzjoni-assistita-l-ewwel-parti/
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Oh dear, when you think that things can't get any worse.
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ps.
Someone had tols students at the University that he wanted to be an MLP candidate but Mintoff did not appreciate his talents and wisdom and he had to go to Australia.
God forbid that the PL would ever allow such humpty dumpties in the party.
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Alla magħna għax se nispiċċaw ħafna agħar milli aħna.
COOL BREEZE you are perfectly correct. Everything is decided by the ECB and the Malta CB is redundant. Perhaps they are thinking or bringing back our Malta lira seeing that the euro is in such dire straits with Greece going to declare bankruptcy in a couple of months to eb followed by Ireland, Portugal, Spain, Italy and the rest?
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Hemm huma il-hbieb tal-hbieb! Dejjem igawdu, minn post ghall-iehor. U ta' Selmun Palace daqqa ta' sieq il-barra u Airmalta agunija. Fl-imkien kollox possibli (insew izidu, 'ghal ta' gewwa').
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WHAT A SAD DAY FOR MALTA.
HERE IS A MAN WHO WHEREVER HE GOES MISERY FOLLOWS.
IN MALTA HE CANCELLED HEDGING FOR OIL. WE ALL KNOW THE CONSEQUENCES.
IN BRUSSELS AUDITED ACCOUNTS THAT ARE NOW IN DISARRAY AND ARE BRINGING THE DOWNFALL OF THE EURO.
BACK TO MALTA AND REST ASSURED THE FINANCIAL STRUCTURE WILL NEVER BE THE SAME.
BE PRELARED BECAUSE NOBODY CAN CRUNCH THE NUMBERS ANY WORSE AND MAKE ERRONEOUS STATEMENTS BETTER.
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Dan il-Profs mhux li kien nehha il-Hedging Agreement ?
Jaqaq imiss il-Bank Centrali issa?
Hallas ja poplu Malti "CUC"
Flimkien KOLLOX possibbli
Luke Camilleri •
Mela baqa' Cwiec Maltin????
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Ma ghandhomx xeba' - Dan Profs Cuc bil-provi, ...BHAL MIN GHAMLU PROFS... U TA' X'HIEX PROFS?????
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L-espert ta' Eddie li kien qal illi t-tariffi tad-dawl kellhom jorhsu kif jitilghu il-P.N fil-gvern u kien nehha il-Hedging.....
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U SPLODEW IL-KONTIJIET!
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Once Dr.Josef Bonnici has been so much involved with the PN in government, I cannot believe that he will be giving a true picture of the economy and the financial situation of our country, more so with a general election being so close !
Joseph MELI •
The good ole boy network is alive and well ,also known as a network of freemasons in some quarters .The real question is why do we need a Central Bank nowadays after all let alone a governor thereof?As the role and function of this Bank is defunct and its continued existence unwarranted and unnecessary.Wasted tax-payer money (now that's a first!)and a reward for failure and why did the previous governor resign,in any event?
