Budget 2008 - Specific measures aimed at Gozo announced
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- Main points from last nights budget
- The main highlights of tonights Budget 2009
- October 18th is named as Budget Day
- Social Security Benefits expenditure rises by 10.1%
- Opposition Leader voices his criticism of last nights budget
- Social Security Benefits Expenditure up 19.2%
- Government Expenditure on Social Security Benefits up 5.2%
- Gozo Business Chamber’s reaction to budget
- AD calls for importance to be given to the ageing and elderly in the budget
- Cost of Living: AD presents Budget Proposals
- Alternattiva Demokratika - Pre Budget Statement
- The International Investment Position of Malta as at end 2006
- AD issues proposals for pre-budget document
- The Government shortfall has increased by €43.4 million
- Beware of fictitious budget measures, Sant warns
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The Budget for 2008 will see an increase of Lm1.5 million of funds to be invested in Gozo. Lm40,000 is to be provided to fund social activities in Gozo. EU funds totalling Lm36.5 million (Euro85 million) will be invested in Gozo.
The Employment and Training Commission will be introducing new schemes for people seeking work in Gozo and part of the governments administration is also to be transferred to Gozo to provide more jobs.
A new school for boys is to be built at Xewkija and there will be a rehabilitation program of public gardens and also the Qortin landfill.
There is also to be a seven-year project to restore fortifications at the Citadel in Victoria and a facility for cruise liners in Xlendi Bay.
LM250,000 is to be provided for afforestation, valley rehabilitation and other environmental initiatives which will also create 50 new jobs.
Some of the main budget changes nationally are:
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Income tax is reduced
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Lm1.50 per week cost of living increase
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Pensioners are to be given the full cost of living increase
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Increased childrens allowance which is to be paid to all parents
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Increased allowance for persons with disabilities
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Interest subsidies on house loans are to be given to first-time buyers
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Pensioners will no longer lose their pensions if they work
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