Prime Minister Announces Pension Increase In Next Budget
3 Articles
3 Articles
Prime Minister Announces Pension Increase In Next Budget
Prime Minister, Robert Abela, spoke briefly in Paola, Qormi and Rabat informing that pensions will once again be raised in the October budget. Abela referred to the country’s finances saying that parliament’s aim is to reduce the deficit more than planned. This decision was reached in the context where other EU countries are raising taxes, yet in Malta the largest tax cut in history was implemented. View this post on Instagram A post sh…
Prime Minister Announces Another Pension Increase In Next Budget
Prime Minister Robert Abela has revealed that pensions will once again be increased in the upcoming annual national budget. Speaking during brief visits to Paola, Qormi, and Rabat, Abela said the pension rise was made possible thanks to Malta’s strong financial performance and the government’s efforts to manage the economy responsibly. Abela highlighted that Malta had successfully reduced its deficit beyond expectations, avoiding tax hikes unlik…
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