AGP Executive Report
Last update: 3 hours agoBudget 2027: Prime Minister Robert Abela says the €1,000 Super Bonus will recur, while €400 million is set aside for energy subsidies. The nearly €11 billion Budget also promises tax cuts for parents and higher pensions. Business Concerns: SME groups say some measures could raise costs, while business lobbies warn new charges linked to third-country workers may hit employers and consumers. Economic Outlook: Moody’s affirmed Malta’s A2 rating with a stable outlook and forecasts 4.1% growth this year. BOV reported €189.6 million in pre-tax profit for the first nine months, while HSBC Malta made €69.8 million. Public Spending: Bonnici Brothers received €1.2 million to transport emergency generators in 2025, plus €28,000 for trailer hire, as Enemalta managed outages. Tourism: Malta’s planned tourist-tax increase is drawing industry concern, with the hotel association warning the Budget could undermine the sector.
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