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:
- 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;