In 2019, the government registered a surplus of €71 million, equivalent to 0.5% of GDP, the National Statistics Office has said.
“General Government debt amounted to €5,695.6 million or 43.1% of GDP.”
“The surplus of General Government for 2019 amounted to around €71 million, a decrease of €166.1 million from the previous year. The balance is calculated as the difference between total revenue (€5,045.3 million) and expenditure (€4,974.3 million) of the General Government. When comparing 2019 over 2018, total revenue increased by €273.4 million, while total expenditure increased by €439.5 million.”
Source: The Malta Independent
Updated: 16:10
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