Malta: COVID-19 cost government €900m last year

The COVID-19 pandemic cost the Maltese government an estimated €900 million last year and the deficit for last year is therefore projected to be higher than 9.4%, Finance Minister Clyde Caruana told parliament on Tuesday.

The 9.4% figure (€1.22 billion) was given in the budget speech last October.

Source Times of Malta

Updated 1745