Prime Minister Robert Abela announced on Friday that the government will not introduce any new taxes in the upcoming Budget. Speaking at the Labour Party’s annual general conference, Abela stated that the Budget document started being drafted just a few days ago by the party whilst also declaring that no tax increases will be made. The Prime Minister emphasised the point that all taxes must be collected in order to acquire an economic and social developmental balance.
Strengthening wages and giving taxpayers what they deserve will be the focal point of the budget, the Prime Minister stated. Health, education and social expenditure will see increased, but cautionary, spending. Abela stated that where the government didn’t make the best decisions, they humbly adjusted and that they always took responsibility for the decisions taken when handling the pandemic. Despite expert warnings that Malta could lose the lives of thousands and possible 50,000 job losses, the government, Abela stated, rolled up its sleeves immediately and got to work.
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Photo Source: Robert Abela FB