Public sector employment, as a percentage of total employment, is down from 2012, Finance Minister Edward Scicluna said.
He explained that the figure in 2015 stood at 25.8%, down from 26.6% in 2012.
The Finance was addressing a press conference, on economic and fiscal governance compared the Maltese economy to a cake, and government schemes and incentives to ingredients.
The aim of the conference, the minister said, was to show government's roadmap for the economy thus far.
"We studied every ingredient, added them, and they are achieving the expected results".
Debt to GDP ratio in 2015 stood at 66.6%, down from 68.3 in 2014, he said. "Malta is among the EU member states that registered the largest fall in GDP to Debt ratio in Q3 2015 over the same quarter the previous year.
He mentioned that the European Commission has raised future projections of Malta's economic potential since 2012.
Mentioning several sectors, the minister mentioned that the reduction in Energy tariffs played a role in the success of the economy .
He cited statistics regarding the Labour Force participation rate, and said that reductions in personal income tax, tapering of social benefits, in work benefit scheme and the youth guarantee helped in this area.
As for female labour market participation rate, There were specific schemes directed at this sector, amongst which were free childcare centres, and Club 3-16.
Turning to education, he spoke of projects and initiatives in this sector, as well as new schools built.
All this has resulted in an employment rate that rose from 58.7% five years ago, up to 65.2% as of the third quarter last year.
The minister also highlighted the reduction in unemployment, and said that the country has the 3rd lowest unemployment rate in the EU.
Minister Scicluna turned the light onto the construction industry, noting that from 8,208 promise of sale agreements in 2008, Malta saw 13,600 such agreements in 2015. As for actual contracts, these rose from 12,000 in 2008 to 15,500 in 2015.
As for manufacturing, he said that the number of persons employed within the sector held stable.
Photo by Jonathan Borg.