Tag: surplus
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Malta records a €3 billion deficit in goods and €8 billion of surplus in services for 2025
According to the latest statistics of Malta’s national current accounts by the NSO, Malta has recorded a total surplus of €7.91 billion in services for 2025 and a total deficit of €3 billion in goods. The combined surplus total is of €4.87 billion. The goods deficit has narrowed in 2025 compared to the previous year…
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Paying off government largesse with income tax
Being unable to control the excesses if his ministerial colleagues, the Minister of Finance Clyde Caruana is managing to balance the government’s budget by collecting more taxes, namely income tax. Being tougher on tax collection has been a hallmark policy of this Minister ever since taking office as Finance Minister and no one can contest…
