Tag: Government Finances
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Government records surplus in recurrent expenditure in October but rising expenditure trend still dominant
According to the newly released data by the National Statistics Office show mixed developments in Malta’s public finances in 2025: while a surplus was recorded in the third quarter, the broader trend of rising government expenditure and an ongoing budget deficit remain challenging. In the third quarter of last year, the general government registered a surplus…
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Despite the grand rhetoric from Labour, the government’s finances represent a risky social-liberal gamble against a backdrop of corruption
Malta already has a liberal taxation regime compared to other European countries. Although no one will object to having their taxes reduced, the big talk sounds ridiculous when you consider what’s actually going on behind the rhetoric. The government is taking a risky bet in social-liberalism by increasing government expenditure, reducing taxation and pushing to…
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On inflation and saying one thing and doing another
Ever since taking office, Clyde Caruana has insisted on the principles of financial austerity as budget expenditure kept ballooning. As of last year, he began making dire warnings that budget expenditure was going too high apart from disapproving of lavish and capricious government expenditure. He also said that he wanted to reduce the deficit and…
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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…
