The government has revealed its intention to borrow an additional €1.5 billion in 2025 to manage the country’s rising expenditures. This plan, outlined in official documents published this week, is a legal requirement and aims to ensure financial stability in the face of increasing costs. Despite Malta experiencing economic growth above the EU average, the government maintains that additional borrowing is necessary to meet its financial obligations....
Continue Reading
Finance News
March 15, 2024
Malta’s Financial Health Check
Just like individuals need to regularly monitor their physical health, countries must also assess their financial well-being to ensure stability and growth. In this post, we will conduct a comprehensive...
Finance News, NEWS Malta
November 24, 2023
Malta’s Debt Edges Closer to €10 Billion
In a recent announcement by the National Statistics Office (NSO), Malta's Central Government debt reached €9,680.9 million at the end of October 2023. This marks a substantial increase of €942.9...
Finance News, NEWS Malta
October 27, 2023
Malta – €52 Million Deficit in 2023
The National Statistics Office (NSO) recently released financial data for the period spanning from January to September 2023. The figures unveiled a deficit of €52 million, marking a concerning trend...