Here’s What The PN Proposed In Yesterday’s Budget Speech

Opposition Leader Alex Borg outlined a series of proposals during his response to Budget 2027 on Monday, 2nd November, focusing on higher wages, affordable housing, foreign workers and economic growth.

Under the message “Together, We Are Malta,” Borg presented the Nationalist Party’s vision for improving living standards and reducing Malta’s dependence on population growth.

Here are the main proposals announced:

1. Higher Wages For Workers

A PN Government would introduce targets to increase Malta’s median wage, aiming to ensure that economic growth translates into better salaries.

2. 50% Home Loan Interest Refund

First-time buyers would receive a refund of 50% of the interest paid on their home loans for the first ten years, with payments deposited monthly into their bank accounts.

3. €1,000 Annual Bonus

Borg pledged to retain the Government’s €1,000 bonus and make it an annual payment under a PN administration.

4. New Authority To Regulate Foreign Workers

A new authority would identify the skills Malta needs and regulate foreign worker recruitment based on genuine vacancies and economic demand.

5. More Investment In Technology And AI

Businesses would receive support to invest in artificial intelligence, automation, robotics and digitalisation to increase productivity.

6. Better Training And Opportunities For Workers

The PN proposed more investment in employee training, alongside schemes encouraging Maltese professionals living abroad to return home.

7. National Climate Resilience Plan

Borg called for a national plan to prepare Malta’s infrastructure for extreme weather and climate-related challenges.

8. Improvements In Education And Healthcare

The PN also pledged to prioritise better resources for educators, improved healthcare services and stronger public infrastructure.

Borg argued that Malta needs an economic model where businesses can grow while workers enjoy better wages and living conditions.

He concluded by calling for national unity and long-term planning beyond individual governments.

What do you think of the PN’s proposals?

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Photo Source: Partit Nazzjonalista