The total cost of the Labour Party’s Peronism as pledged during this electoral campaign amounts to at least €0.5 billion.
Note that the Nationalist Party is not opposing this new form of economics; on the contrary. It is going along with it by proposing its own different form of tamed down Peronism with the concepts and aims of its policies being the same: direct subsidies mixed with sweeping tax cuts.
The Labour Party’s bill for its Peronist economic budget of 2027 so far is:
€200 million in energy and electricity subsidies
€200 million “Superbonus” (€1,000 for every Maltese worker)
€32 Self-employed and SMEs tax cuts
€6 million 15% Stipends Increase
€X Housing Subsidy (No estimates have been provided by the government but the scheme can cost anything from €20 million to €165 million every year)
€X Children’s Allowances increases (not yet costed)
Website Editor
Historian and Publisher
Leave a Reply