Social protection emerged as the cornerstone of government expenditure in 2023, representing 27% of the total general government outlay. The National Statistics Office (NSO) released an in-depth report on Tuesday, shedding light on the allocation and priorities of public funds, offering a detailed examination of expenditure trends through the globally recognized Classification of Functions of Government (COFOG) methodology....
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NEWS Malta
December 17, 2024
Government Highlights Benefits of new Budget Policies
The Labour Party has underlined a significant divide between the current Government and the Opposition regarding their priorities for citizens. In a strongly worded statement, the Labour Party claimed that...
Finance News, NEWS Malta
December 17, 2024
Malta Parliament Approves 2025 Budget
Malta's Parliament has officially approved the 2025 Budget, solidifying the government’s fiscal plan for the coming year. This budget reflects a strategic approach to economic growth and social equity while...
NEWS Malta
December 16, 2024
GWU Criticizes PN for Opposing Financial Reforms
The General Workers’ Union (GWU) has strongly criticized the Nationalist Party's (PN) decision to oppose proposed changes to a 1957 emphyteutical deed, calling it a “punitive bid to undermine the...
NEWS Malta
December 14, 2024
Celebrate Christmas with Cirkella Circus in Malta
The holiday season in Malta is about to become even more magical with the highly anticipated return of Cirkella Circus. Starting on December 21 and running until January 5, this...
Finance News, NEWS Malta
December 14, 2024
Malta Targets €1 Billion Wind Farm Investment
The government has unveiled an ambitious plan to harness renewable energy through floating wind turbines, with an estimated contract value of €1 billion. This landmark initiative is expected to produce...
NEWS Malta
December 14, 2024
President calls for democratic reforms in Malta
As Malta commemorates 50 years as a Republic, President Myriam Spiteri Debono delivered a thought-provoking address emphasizing the importance of respecting institutions and advocating for substantial democratic reforms. Her speech,...
NEWS Malta
December 13, 2024
50 years of Malta as a proud republic
On December 13, 2024, Malta proudly celebrates half a century since officially becoming a republic in 1974. This landmark occasion, which severed the last remaining ties with the British Crown,...
NEWS Malta
December 13, 2024
Employment in Malta Grows by 5%
The Maltese labor market continues to show resilience and growth as employment figures rise steadily. According to the latest data from the National Statistics Office (NSO), employment in Malta grew...
NEWS Malta
December 12, 2024
25% of Maltese MPs Working in Public Sector
Malta's political structure has come under scrutiny as recent parliamentary revelations show that a quarter of its Members of Parliament (MPs) rely on government employment as their primary source of...
NEWS Malta
December 12, 2024
Zero Tolerance Bill for Workplace Bullying in Malta
The Nationalist Party (PN) has put forward a private member’s bill in Parliament to address the pressing issue of bullying in the workplace. This proposed legislation seeks to establish a...
NEWS Malta
December 11, 2024
Malta Grants Citizenship to 28,000 Individuals
Between 2013 and 2024, a remarkable 28,045 individuals were granted Maltese citizenship. This milestone, disclosed by Home Affairs Minister Byron Camilleri, highlights the growing appeal of Malta as a global...
NEWS Malta
December 11, 2024
82% of Malta’s Workforce work in Private Sector
As of April 2024, Malta’s workforce demonstrates a clear reliance on private enterprise, with 82% of the labor force employed in the private sector and just 18% working in the...
Banking, NEWS Malta
December 10, 2024
Access Bank Opens Subsidiary in Malta for Trade
The Access Bank UK Limited has made a significant leap forward in its strategic expansion by establishing its first wholly-owned subsidiary in Malta, The Access Bank Malta Limited. This move...
NEWS Malta
December 10, 2024
Public transport modernization vital for Malta
The debate surrounding Malta’s environmental policies has taken center stage as the Nationalist Party (PN) critiques the government's recent decision to prioritize subsidies for private electric vehicles over the conversion...
NEWS Malta
December 9, 2024
The Dangers of Selling Maltese Citizenship
In recent years, Malta's citizenship-by-investment program has sparked a heated debate, particularly due to its potential to open the doors to organized crime and corruption. The country’s practice of offering...
Banking, NEWS Malta
December 9, 2024
HSBC Malta Sale and Customer Impact
In recent weeks, the banking sector in Malta has been rocked by reports of HSBC’s planned exit from the island. HSBC Malta, which has had a significant presence in the...
NEWS Malta
December 9, 2024
Malta revises sexual health guidelines
The Ministry of Health in Malta has confirmed that the long-anticipated public consultation on the nation’s outdated Sexual Health Strategy will officially begin in December. This significant step comes after...
NEWS Malta
December 7, 2024
Malta’s Credit Rating Affirmed by S&P
Global ratings agency Standard & Poor’s (S&P) has once again affirmed Malta's 'A-/A-2' credit rating, keeping the island nation's economic outlook stable. This decision highlights Malta's ongoing economic resilience in...
NEWS Malta
December 6, 2024
Education Ministry urges MUT to end MCAST dispute
The Education Ministry and the Malta Union of Teachers (MUT) remain locked in a protracted dispute over ongoing issues at the Malta College of Arts, Science, and Technology (MCAST). While...
NEWS Malta
December 5, 2024
Offshore wind energy to power Malta’s future
Malta has officially initiated its journey into large-scale offshore renewable energy with the launch of a public call to develop the nation’s first offshore energy project. The development is to...
NEWS Malta
December 5, 2024
Global leaders gather in Malta for OSCE meeting
Malta is hosting a historic international event this week as the Organisation for Security and Cooperation in Europe (OSCE) convenes its 31st Ministerial Council meeting. Delegates from 57 member states...
NEWS Malta
December 4, 2024
Inflation and Immigration Worry Maltese Citizens
The latest Eurobarometer survey paints a nuanced picture of Malta's socio-economic landscape. While the Maltese people express optimism about their economy, personal finances, and employment opportunities, there are significant concerns...
NEWS Malta
December 3, 2024
Sustainable Development Plans for Malta’s Future
In a recent speech delivered in Parliament, Environment Minister Miriam Dalli addressed an ongoing debate surrounding the expansion of development areas in Malta. Minister Dalli stressed the importance of taking...
NEWS Malta
December 3, 2024
Maltese Citizens Demand Transparency and Ethics
Opposition leader Bernard Grech has called for the resignation of Gozo Minister Clint Camilleri, accusing him of fraud and unethical behavior. During a protest held on Monday evening in Freedom...
NEWS Malta
December 3, 2024
Should Malta legally safeguard EU membership
Malta’s Prime Minister Robert Abela has firmly rejected calls to amend the nation’s constitution to guarantee its European Union membership. According to him, there is no necessity for such a...
NEWS Malta
December 2, 2024
Tourist Arrivals in Malta Surge by 13.2%
In October 2024, Malta witnessed a notable surge in tourist arrivals, marking a 13.2% increase compared to the same month in 2023. The number of visitors to the Mediterranean island...