Malta’s budget for 2023 was presented to the Maltese Parliament by Finance Minister Clyde Caruana on October 24th. The minister’s address was delivered against the backdrop of the first major conflict in Europe in decades and an economic crisis driven by runaway inflation and uncertainty about the war.
The budget laid out by the minister emphasises the need for sustaining economic growth throughout a period of increased volatility while also sheltering families from the impacts of inflation.