Tag: Government
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Government’s revenue surges higher than expenditure this year
According to the latest government’s finance data, government revenue continued to surge up to the months of April, outpacing expenditure and narrowing the Consolidated Fund deficit to €65.5 million by the end of the first four months of the year. This is significantly less than the deficit recorded at the end of April last year…
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Government finances for 2025 break the successful trend of balancing the budget
The government’s finances for 2025 have seen a break from the fiscal responsible trend that safeguarded public finances in 2023 and 2024 following the massive splurge in energy and other subsidies. According to the latest statistics by the NSO, the government’s final deficit for this year until October was of €373.9 million. Compared to the…
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Russia to reduce defence budget amid rising economic pressures
The Russian government is estimating it will rake in up to 41 trillion Roubles in revenues ($516 billion) and spend up to 44 trillion Roubles ($570 billion) with a defence budget of up to 13 trillion Roubles ($157 billion). Russia’s defence budget for next year will be slightly lower than this year which was at…
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No clarity on new names for French Prime Minister after government collapses
There is currently no clarity regarding potential successors for the French premiership following the collapse of Prime Minister Francois Bayrou’s government. Bayrou’s administration fell yesterday after losing a no-confidence vote in the National Assembly by 364 votes to 194. The vote was triggered by his attempt to push through an unpopular package of austerity measures—including…
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French government risks collapse in confidence vote on September 8th
French Prime Minister Francois Bayrou risks losing the government after he called a vote of confidence by parliament for September 8th. The vote of confidence has been called after the socialist coalition partners of the minority government have declared that they will vote against a sweeping budget cuts bill proposed by Premier Bayrou. The budget…
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The Malta Developers Association comes out against the Government’s and the Church’s affordable property scheme
The Malta Developers Association has issued a press release declaring they are against the recently Government and Church issued affordable property scheme. The Malta Develoeprs Association are accusing the government of rewarding property developers at the expense of others by enabling them affordable properties on public land, effectively enabling them a safe and potentially higher…
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ADPD accuses government of undermining Ombudsman and enabling illegal development
ADPD – The Green Party has accused the Maltese government of systematically ignoring recommendations by the Ombudsman while enabling abuse of public spaces and illegal developments across the country. Citing recent media reports and published Ombudsman findings, the party pointed to long-standing issues in localities such as Gżira, Marsaskala, and Ħal Farruġ. These include the…
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Graffitti welcomes Manoel Island U-Turn; Calls for public park led by environmental entities
Moviment Graffitti has welcomed the government’s shift on Manoel Island, following new agreement being pursued with developers MIDI to return the site to public use, calling it a major win for public interest and the result of sustained civic pressure. The turnaround comes after the government this week launched legal proceedings to challenge the original…
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267 experts urge Government to transform Manoel Island into public nature reserve
A group of 267 academics and professionals has issued a powerful public statement urging the Government to reimagine Manoel Island as a public nature reserve and cultural heritage park. The appeal highlights a rare opportunity to align national priorities with environmental sustainability, public health, and community well-being. As reported earlier by The Maltese Herald, MIDI…
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Malta receives 100 diesel buses instead of promised electric fleet after government withdraws EU funds
Malta received 100 new diesel buses, short of a 2023 government promise to introduce the same number of electric buses for public transportation. The shift away from electrification is attributed to the Government’s withdrawal from a previously committed pool of EU funds designated for sustainable transport initiatives. According to opposition transport spokespersons, the move has…
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5 years after taking office: Abela increases government revenue by 58.05% but expenditure increases by 67.07%
According to the government’s latest financial reports on 2024, government revenue and expenditure were 58.05% and 67.07% higher respectively from 2019 figures. Malta’s average annual GDP growth rate from 2020 to 2024 is estimated at around 1.2% to 1.5% according to official figures. Government finances took a hit during the Covid pandemic and subsequently with…
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We are on the edge: “Government to kill key investigations in six months” – Jason Azzopardi
In today’s protest for Justice in Valletta, lawyer Jason Azzopardi addressed the crowds warning how “now the government wants to kill investigations in six months.” In his speech he spoke about three unresolved cases currently on-going: 1. Over two years ago, the Drug Squad had confiscated a substantial quantity of drugs intended for the local…