Malta Budget 2016

Perspectives

Government finances

Malta Budget 2016

Government finances

Total Government revenue for 2015 is expected to reach €3,630 million (2014 - €3,387 million) whilst total expenditure is expected to be €3,787 million (2014 - €3,508 million). The 2016 projections forecast total Government revenue of €3,613 million whilst total expenditure is forecast to reach €3,809 million.

The deficit to GDP ratio is estimated at 1.6% for 2015 (2014 – 2.1%) and is projected to reduce to 1.1% during 2016. During 2015, the debt-to-GDP ratio is expected to  decrease to 66.6% from a level of 68.3% in 2014. In 2016, the debt-to-GDP ratio is projected to fall to 65.2%.

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