Advertisement
The Maltese Herald
APS : 0.57 AXR : 0.41 BMIT : 0.35 BOV : 1.74 CVS : 1.00 FIM : 0.16 GHM : 0.87 GO : 2.70 HLI : 0.23 HRV : 0.97 HSB : 1.36 IHI : 0.45 LOM : 0.80 LQS : 0.19 LSI : 0.49 LSR : 1.00 MDI : 0.25 MDS : 0.45 MIA : 5.95 MLT : 0.55 MMS : 1.32 MPC : 0.35 MSC : 0.33 MTP : 0.47 MZ : 0.58 PG : 1.89 PZC : 0.63 RS2 : 0.52 RS2P : 0.60 SFC : 6.70 STS : 1.25 TML : 1.00 TRI : 1.12 VBL : 0.20
Culture News Sports
The Maltese Herald

The total cost of Labour’s Peronism in 2027: €0.5 billion and counting

—

by

Mark Camilleri
in , ,

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)

 

 

Comments

5 responses to “The total cost of Labour’s Peronism in 2027: €0.5 billion and counting”

  1. No manifestos, No Debates, No Opposition: Malta General Election Campaign 2026 - The Maltese Herald avatar
    No manifestos, No Debates, No Opposition: Malta General Election Campaign 2026 - The Maltese Herald

    […] Most of the press and the information industry, including academia, is today controlled and influenced by the Labour Party and most of the political debate is strictly dumbed down propaganda. The Labour Party is also setting the Nationalist Party’s agenda as the Nationalist Party gives up on acting as an Opposition and is instead proposing the same economic policies of Peronism that Labour is ushering in. […]

    Reply
  2. Clyde Caruana goes on fire in Imqabba: "The Labour Party is the only party of change" - The Maltese Herald avatar
    Clyde Caruana goes on fire in Imqabba: "The Labour Party is the only party of change" - The Maltese Herald

    […] cabinet minister during this general election campaign as he rolled-0ut a massive and populist subsidy and tax incentive programme. The Nationalist Party is criticising the Finance Minister for ignoring long-term timelines and […]

    Reply
  3. Meet Deputy Prime Minister Clyde Caruana - The Maltese Herald avatar
    Meet Deputy Prime Minister Clyde Caruana - The Maltese Herald

    […] to have lost his conservative composure during this general election campaign as he rolled out his new expansive fiscal policy focused on widening subsidies and recurrent expenditure. From fiscal prudence, the Minister seemed […]

    Reply
  4. What does the fiscal forecast actually say? It says that the Labour government has changed its forecast - The Maltese Herald avatar
    What does the fiscal forecast actually say? It says that the Labour government has changed its forecast - The Maltese Herald

    […] completely changed its fiscal estimates and is using a completely different model with a newly added €0.5 billion in expenditure for next […]

    Reply
  5. Finance Minister Clyde Caruana is already being challenged over his estimates - The Maltese Herald avatar
    Finance Minister Clyde Caruana is already being challenged over his estimates - The Maltese Herald

    […] his tenure defending a massively large public expenditure bill that has increased by at least up to €0.5 billion in subsidies and tax incentives per year. The bill is probably much […]

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *