Malta Government Spending Spree Triggers Fiscal Advisory Council Warning

Clyde Caruana’s election spending spree triggers fiscal warning

The Labour government burned through approximately 86% of its planned annual expenditure increase during the first three months of 2026, according to a warning issued by the Malta Fiscal Advisory Council. Government expenditure increased by 14.5% during the first quarter, reaching €2.34 billion. Of the €345.5 million increase forecast by the finance ministry for the … Continued

By Ivan Camilleri