Ahead of today’s Budget 2023 event, it was revealed that the brand new, notably red, Budget briefcase was paid for by Minister Clyde Caruana himself.
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In a broadcast by Television Malta, a number of facts regarding the briefcase were revealed. The red briefcase is a nod the Malta as a British colony, which also carries the Republic of Malta’s coat of arms. Inscribed on the front is ‘Minister for Finance’, with a verse from Malta’s national anthem inscribed on the back.
Traditionally, the briefcase is given to the Minister of Finance after his
tenure as a sign of appreciation for their work.
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