Malta Budget 2014

Scaling Down The Deficit

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Between January and September 2012, Malta’s deficit stood at €282.2 m.  During the same period this year the deficit was €271.4 m, a cut of €10.8m. This clearly proves the Government’s commitment to not only stop the alarming growth rate, but actually reverse it. This was achieved through better management of expenses incurred by Government and various measures to stimulate the economy without increasing hardship on citizens.