Prime Minister Announces Pension Increase In Next Budget
Prime Minister, Robert Abela, spoke briefly in Paola, Qormi and Rabat informing that pensions will once again be raised in the October budget.
Abela referred to the country’s finances saying that parliament’s aim is to reduce the deficit more than planned. This decision was reached in the context where other EU countries are raising taxes, yet in Malta the largest tax cut in history was implemented.
View this post on Instagram
Apart from this development, Abela also revisited the increase in children’s allowance. “In the first three of five budgets we reached our electoral pledge,” he said, speaking about the children’s allowance.
READ NEXT: Fashion For A Cause: AIWM To Host Charity Catwalk Show In Aid Of Dar Merħba Bik
