Malta Today

26 November 2003
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A compromise budget

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Economic Update

It's a deficit attack
With the deficit for 2003 projected to reach 6.3 per cent of GDP, or Lm108 million, Finance Minister John Dalli had one target in mind when drawing up the budget for 2004: scaling back the deficit. READ MORE >>

VAT increase, fiscal measures lambasted by employers’ bodies
By David Lindsay
Reacting to Monday’s budgetary measures, Malta’s constituted bodies had few words of praise for what was effectively the fruition of pre-budgetary discussions. READ MORE >>

Taxes for healing the wounds
By Matthew Vella
The 2004 budget specifically earmarked tax and excise increases as a source of dedicated revenue for an ailing health sector. With the exorbitant Mater Dei project yet to achieve completion, this year should see at least Lm26 million from VAT and tobacco directly funnelled into the NHS.READ MORE >>

Increasing taxes alone will not curb deficit, experts warn
By Kurt Sansone
Minister John Dalli has everybody on his side when he insists that the fiscal deficit needs to be addressed. It is the method adopted to tackle the problem that gives rise to critical opinions on the subject.READ MORE >>

The constant evolution of mobile telephony
Vodafone Malta Chief Executive Officer Joseph C. Grioli speaks to The Malta Financial and Business Times about how Malta’s first mobile telephony company is addressing the challenges 21st century telecommunications in Malta

The Budget at first hit
Economic commentator Karmenu Farrugia gives his initial reaction to Budget 2004. Speaking about what he says is an unpopular budget, Mr Farrugia gives his views while wearing each of his three hats: that of an accountant, an economist and finally as a social creature


Cars already on their way to Malta to face higher taxation

Euro-ambitious budget

MHRA warned Dalli of increasing reduced VAT rate

Minister calls for entrepreneurship to be strengthened



















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Editor: Saviour Balzan
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