Tag: government finance
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Publication of government finance data to be postponed over “Reflection Day”
The government’s finance data, which includes estimates of expenditure and revenue for January to April, and was originally scheduled to be published on 29 May, has been postponed, with “Reflection Day” cited as the reason. The decision is highly unusual, since official statistics are supposed to be politically neutral and their publication should not be…
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Government debt up by €10.93 billion but government revenue also increased by 17.16%
According to NSO statistics, the Maltese government has achieved a significant increase in government revenue during the past few quarters despite rising expenditure and the increasing public debt figure. Government revenue has increased by 17.16% in the first quarter of this year compared to the same quarter of last year. On the other hand, government…
