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ARTICLE · 06 NOVEMBER 2013

Malta Budget 2014 Summary - What You Need To Know…

The Hon. Minister of Finance Prof. Edward Scicluna, presented his 2014 Budget speech on 4 November 2013.

MaltaTax

The Hon. Minister of Finance Prof. Edward Scicluna, presented his 2014 Budget speech on 4 November 2013. This publication highlights the key fiscal measures and latest economic statistics on the Maltese economy.

General overview

In his introduction to the 2014 Budget speech, the Hon. Minister of Finance Prof. Edward Scicluna declared that the basis of the 2014 Budget reflects the Government's promise to change the economic direction of the country towards one of sustainable development that will benefit all.

In order to achieve this goal, the Government laid out the first phase of its economic plan which was based on the following six priorities:

  1. That all expenses were to be incurred in accordance with the Government's overriding policy of expenses not being greater than what the country can afford;

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