Tag: Sustainability
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The IMF says the obvious that the governmnet’s finances are not sustainable
The IMF’s latest report on Malta delineates that the government’s finances and its spending spree are unsustainable. Apart from having to rebalance the budget and make cuts, the IMF is noting the obvious that constant subsidies to keep the economy afloat is not a sustainable economic policy and that the government needs to move towards…
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How is this normal?
Last week, a group of journalists asked Energy Minister, Miriam Dalli how is the government’s energy subsidies sustainable in terms of public finances. She didn’t answer the question, and when she was pressed to answer the question she kept repeating the same refrain that the government will keep subsidising energy prices whatever the cost. Well,…
