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 GDPgrowth of more than double the Eurozone average of 1.9% for the sameperiod in 2016. The economy has also witnessed an increase of some 7,400jobs of which 7,000 are in the private sector while inflation has remainedstable.
The Government has chosen, in the current environment of strong economicperformance, to focus primarily on the themes of social justice andinvestment in the 2017 Budget.
For more information please click here
© 2019 KPMG, a Malta civil partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.