The Malta Independent 26 April 2024, Friday
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A world of contrasts

Malta Independent Saturday, 9 November 2013, 10:00 Last update: about 11 years ago

Finance Minister Edward Scicluna said during his budget speech that Malta’s deficit would be brought down to 2.7% of Gross Domestic Product. However, just a day later, European Commissioner Olli Rehn said that EU projections show that Malta's deficit is set to swell to 3.4% by the end of the year. One wonders how economists can have such contrasting views. 

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