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Malta Budget Highlights 2010

Written by Christian Vella and Lawrence Zammit —
Download Budget HighlightsThe Minister of Finance, the Economy and Investments, Tonio Fenech, presented the 2010 Budget yesterday evening. As is customary, together with the Budget Speech, the Ministry of Finance also published the Economic Survey for 2009 and the detailed estimates of the projected government revenue and expenditure.
 
The 2010 Budget has six main aims:
  1. Increase economic and financial stability, increase price stability and increase competition in the local market;
  2. Incentivise productive investment to create prosperity and work;
  3. Continue investing in health and social security;
  4. Continue investing in education;
  5. Continue investing in infrastructure, the environment, roads and cultural heritage;
  6. Implement the vision for Gozo as an ecological island.

 
Apart from an increase in the excise duty on cigarettes and an increase in the registration tax of commercial vehicles, no new taxes were introduced. On the other hand there are wide ranging initiatives which will mean significant government expenditure, with the evident objective of creating jobs and economic well being.

Download budget highlights 2010

 
Last Updated on Tue, 10 November 2009
 

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