This story is reproduced by kind permission of MaltaMedia at http://www.maltamedia.com
The budget presented by the Nationalist administration in Parliament on Monday does nothing to alleviate the pains introduced in the last budget according to the leader of the opposition. Dr Alfred Sant, MLP leader, said that this budget is simply another cost cutting effort by the government that will add more burden on those who can take it least by increasing the income from direct and indirect taxes by Lm56 million (US$ 123 million).
Speaking after Finance Minister John Dalli wrapped up his budget speech, Dr Sant said the government is trying to convince the public that last years measures were successful by tweaking the figures to show an improvement in the financial situation of the country.
Alfred Sant said that the party that used to criticise his administration for its so called calculator politics is now only concentrating on balancing the budget without considering the needs of the public in an effort to impress the European Union. He also said that none of the measures introduced in this budget aims to promote growth of the economy.
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