Malta: ‘No new or higher taxes,’ Clyde Caruana pledges as deficit soars on back of pandemic

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No new taxes will be introduced and no tax increases will take place in the foreseeable future, Clyde Caruana has pledged despite a rising deficit.

The Finance Minister insisted this afternoon that public finances were still sustainable in a reaction to the latest figures released by the National Statistics Office.

Source MaltaToday

Updated 1745