Tag: Government debt
-
Government deficit in 2024 was 3.7% of the GDP with a total deficit of €825.3 million according to Maastricht criteria
The National Statistics Office issued its latest government debt figures for 2024 under the Maastricht Treaty guidelines. It announced that government debt was 3.7% of GDP and the total deficit was at €825.3 million. These figures contrast with the figures issued last January because according to the Maastricht Treaty government balances are calculated with an…
-
It’s not the war: it’s fraud
After going out on an extensive spending spree, burning hundreds of millions of Euros on stupid projects, to appease contractors and friends of friends, and more millions to win the elections, the government has announced it will be trimming its expenditure to offset expenditure on fuel and energy subsidies. Mind you, Enemalta is bankrupt because…
