Tag: subsidies
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Why is the government spending more?
Yesterday, Nationalist MP and Shadow Minister for Finance Graham Bencini published a post on the government’s finances where he said that the government is spending up to €590,000 daily on interest rates on around €9.5 billion in debt, €4 billion of which have been accumulated during Robert Abela’s administration. Now, of course interest rate payments…
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More cash for the government’s propagandists
Saviour Balzan of LabourToday has bagged another set of government subsidies with a pseudo-scheme that is intended to help the press when the only independent newspapers part of this scheme are The Malta Independent and the Times of Malta. The rest, Kul?add, It-Tor?a and MaltaToday are Labour rags with the remaining being the Nationalist Party’s…
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Food prices: another problem “solved” by throwing money at it
Prime Minister Robert Abela has solved the food price inflation problem like he solves any other problem, that is by throwing money at it. A new scheme has been announced whereby food importers and distributors will be subsidised to reduce the prices of some of their imported products. Robert Abela has been issuing subsidies for…
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Why is the government still issuing electricity and fuel subsidies?
Why is the Maltese government still issuing subsidies for electricity bills and fuel when the prices of natural gas and crude oil have crashed to levels even below the Russian invasion of Ukraine? The EU Commission has explained the obvious to the Maltese government that it has no legitimate reason why it should keep subsidising…