Tag: Budget 2026
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Alex Borg’s idea for a children’s trust fund is commendable
During yesterday’s Parliamentary speech, the Prime Minister mocked the Opposition Leader’s proposal to introduce a trust fund for newborns in which newborns are awarded with an account of €5000 in this fund. He said that this propsoal was copied from President Donald Trump’s recent initiative as part of the so-called “Big Beautiful Bill.” So what?…
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Prime Minister hails Malta’s economic growth and budget largesse during Parliamentary speech
Prime Minister Robert Abela hailed his government’s budget largesse that include tax cuts and increased public spending during yesterday’s Parliamentary speech. He also compared his government’s budget and Malta’s economic situation with other countries including the UK which made spending reductions in benefits and France which is contemplating increasing the retirement age. The Prime Minister…
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Opposition Leader Alex Borg highlights the reduction in capital expenditure in his budget reaction
Yesterday in Parliament, Opposition Leader Alex Borg gave a scathing condemnation of the government for failing to defend Malta’s interests before the kangaroo court of the ICC in the case related to the fraudulent contract awarded by the Maltese government to Steward Health Care. He then proceeded to present his vision for the country before reacting…
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ADPD Leader calls free fish Friday’s a gimmick: educators’ requests still not met
ADPD Leader Sandra Gauci is calling for a boycott of “Fish Fridays”, a new initiative in Budget 2026 in which school-children will be offered fresh fish every Friday. The Green Party leader dismissed it as a gimmick and described it as unrequested and starkly at odds with the long-standing, urgent needs raised by educators. Some…
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Armed Forces of Malta get a 16.95% increase in recurrent expenditure funds in Budget 2026
One public entity that is definitely not having its recurrent expenditure cut by the Finance Minister’s cuts in recurrent expenditure is the Armed Forces of Malta, which had its recurrent expenditure increased by 16.95% in Budget 2026 from €86.02 million to €100.6 million. The AFM was also provided with up to €9.5 million in capital…
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Opposition Leader Alex Borg renounces salary increase to executive politicians in Budget 2026
Opposition Leader Alex Borg has renounced the €1700 salary increase given to him as Opposition Leader in next year’s budget and said that he was never consulted about this increase. The increase, which will be given to government Ministers and Parliamentary Secretaries will also be given yo the Leader of Opposition. Alex Borg also urged…
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No racetrack for you
Car racing enthusiasts are complaining that the government didn’t provide enough capital expenditure for the construction of a new race-track. They are complaining that the government has provided only up to €400,000 for this project for next year. However, the government did actually provide for up to € 1 million for the project for this…
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UPDATED: Momentum adds mixed appraisal to ADPD’s and Employer’s diverging views on Budget 2026
Update: Momentum has issued a more mixed reaction, welcoming compassionate social measures such as the seven-day bereavement fund for parents, increased grants for births and adoptions, and higher stipends for Gozitan students. However, the group criticised the €4.66 COLA as insufficient amid rising living costs and lamented the continued inequity faced by thousands of pre-1962…
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The Finance Minister’s risky and ambitious plans for 2026: moving closer to a surplus with added expenditure
The Minister for Finances, Clyde Caruana gave a very dramatic speech about the budget’s measures of 2026, as he hit his hand on his bench with exhilarating excitement over the measures he announced. “This is what it means to be the party for workers” he said as he promised the income tax cuts for parents.…
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Opposition criticises mounting debt and lack of mass transportation system in initial reaction to Budget
In a brief press conference following the budget speech by the Minister for Finance, Opposition Leader, Alex Borg praised many of the budget’s measures but noted that the government is planning to raise the debt by up to €14 billion in 2028, almost triple the the initial level at the start of Robert Abela’s premiership.…
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Budget 2026: Highlight investments in Infrastructure, Safety, Culture, and Services
In today’s budget proposals for 2026, the Finance Minister announced that the government is set to continue to invest in infrastructure, education, and quality of life, with a special focus on Gozo. These were some highlights. Infrastructure and Transport New and upgraded roads in Gozo, including arterial routes and pedestrian networks, to reduce congestion. Park…
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Budget 2026: COLA increase of €4.66 a week, pensions to rise by €10 a week, tax cut for families with children
Finance Minister Clyde Caruana announced a major tax reduction measure aimed at families with children, with an overall cost of around €160 million. Approximately 68,000 parents are expected to benefit immediately, with thousands more set to gain in the coming years. You can read the whole budget document by clicking on the link below: Diskors-tal-Budget-2026…
