13 July 2005

The Web

Government admits new taxes partly to blame for inflation
James Debono
Contrary to the silence adopted at the beginning of the year, Government is now acknowledging that fiscal measures taken in the last budget have contributed to price increases

Prime Minister quotes misleading expenditure figures
Kurt Sansone
Government expenditure is not declining as the Prime Minister suggested during last Saturday’s monthly briefing, instead it has climbed from just over Lm370 million between January and May last year, to just over Lm403 million in the same comparative period this year.

Labour calls on government to amend new VAT punishments
Karl Schembri
The Opposition is insisting with government to amend a Bill presented in parliament that would extend the powers of the VAT commissioner allowing him to register a hypothec on immovable property of VAT defaulters, Labour Deputy Leader Charles Mangion told The Malta Financial and Business Times yesterday.

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