Can This Budget Change The Way Malta Grows?
The latest budget aims to maintain the benefits of the current economic model in Malta. This model has historically brought in investment, created jobs, and improved living standards. However, it has also caused increased traffic, more construction, and pressure on public services. The government now wants businesses to reduce their reliance on increasing the population. This shift seeks to change how the country grows while preserving economic gains.
There is something revealing about a budget that promises to preserve the rewards of Malta’s economic model while asking businesses to become less dependent on the thing that has helped keep it going: more people. The model has delivered investment, jobs and better living standards, as well as the traffic, construction and pressure on services … Continued •