In today’s budget speech before Parliament, the Finance Minister, the Hon. Prof. Edward Scicluna announced key economic indicators as well as a number of key tax and other measures.
Malta has continued to outperform its Eurozone partners with a real GDP growth of more than double the Eurozone average of 1.9% for the first half of 2016. The economy has also witnessed an increase of some 7,400 jobs of which 7,000 are in the private sector while inflation has remained stable.
The Government has chosen, in the current environment of strong economic performance, to focus primarily on the themes of social justice and investment in the 2017 Budget.
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