2022: Malta's national debt rose by €910m to €9.7bn, with €4bn accumulated under PM Robert Abela's tenure, leading to a deficit of 5.
Shadow finance minister Graham Bencini warns of unsustainable debt, stating that Malta's national debt rose by €910m in 2022, reaching €9.7bn. Debt servicing costs now amount to €590k daily. At least €4bn of debt accumulated under PM Robert Abela's tenure, with a deficit of 5.7% of GDP, the EU's fourth largest. Bencini calls for fiscal responsibility and control of recurrent expenditure.
April 10, 2024
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