A survey recently issued by Malta Survey, powered by IDEA Group, highlighted the worries and concerns the Maltese population is projecting onto this year’s 2023 Budget. The survey immediately highlights how the public feels a significant need for wages to be reviewed and possibly bump it up to address the cost of living.
51.40% placed reviewing wages as their first priority, with 16.57% of this same group highlighting controlling food prices as their second priority.
Controlling food prices was placed in first priority by 18.81% of survey respondents, with 31.53% placing this same concern in second priority and making it the second largest concern.
Property prices came in third place, with 9.99% placing it as their first priority. This sector was given 3rd priority by 12.73% of respondents. Both of these come in socio-economic contexts of the energy crisis caused by the Russia-Ukraine war as well as many youth lamenting about the inability to acquire independence outside their family home.
This was all coupled with the local environment being the highest priority sector which needs immediate addressing. 33.58% placed the environment as their first priority, followed by health at 24.46% and education at 15.39%.
The survey also found that the environment was the first priority sector for all ages between the ages of 18 and 60. This comes as Finance Minister Clyde Caruana is expected the budget later today in Parliament.
Read the full survey here.
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Source: Malta Survey