Coming at perhaps a volatile period for the economy, with the COVID-19 pandemic persisting through the autumn months, it is expected that tonight’s budget will assist businesses re-grow whilst continuing to generate consumption.
This year, the Budget will be based on three main pillars:
- Social Soul ”“ It is expected that this year’s budget will continue supporting those in need.
- Strengthening Employment ”“ Businesses will be given incentives and support to not only strive, but grow in such troubled times.
- Strengthening the Economy - This Budget will go further than merely focusing on the pandemic and its effects, by boosting the economy to flourish.
Themed as ”˜Malta Strongly Moving Forward’ it is being forecast that this Budget will not only target problems caused by COVID-19, but rather it will be setting the scene for a prosperous future for both established businesses and start-ups alike.
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