The latest statistics published by the government confirmed that the government’s financial targets are not being met, Malta Labour Party deputy leader for parliamentary affairs Charles Mangion said yesterday.

Public debt, which reaches over Lm1.4 billion, had fallen by only Lm9 million, despite the fact that the government had sold Maltacom for Lm94 million. How can one believe that the country’s finances are on a sound footing, he asked.

Dr Mangion said that a Labour government would implement a solid plan in the administration of public finances, ensuring that no money is wasted in capital projects carried out and that transparency, accountability and value for money are topmost priorities.