In the Press: Budget to target low-income earners, pensioners

Times of Malta

Finance minister Edward Scicluna said that next year’s budget will explore means of helping low-income earners and pensioners, without raising the minimum wage. Launching the pre-budget document, Scicluna acknowledged the criticism that the government had failed to help the poorer strata of society.

In-Nazzjon

The Opposition has called on the Auditor-General to broaden his investigation into the LNG power station project so as to include a €360 million state guarantee granted to the ElectroGas consortium.

L-Orizzont

During a visit to the Dock 1 in Cospicua, where the ‘American University of Malta’ will be partially sited, Prime Minister Joseph Muscat said that the project will breathe new life into the south of Malta.

The Malta Independent

Edward Scicluna expects Malta’s deficit to drop to 1.1% of GDP in 2016. The finance minister said that government revenue during 2014 stood at 42% of GDP, 0.2% than what was budget. Government expenditure stood at 44.1% of GDP.