National Debts

D ............thumbs down situation


In 11 months the new Socialist government put up national debts to the amount made by the PN in 9 years . ý

The Lm 110 million in debts shows the failure of the Government - Eddie Fenech Adami

After the new Labour government took office the Maltese economy has not improved. This is what most of Malta's industrial institutions are saying.

As Govanna Debono MP, stated during Focus on NET Television on Thursday 14 May 1998, this issue should not be abused by political parties.

According to Lino Spiteri, who resigned as Finance Minister after the first Socialist budget in 1996 is condemning what he "had" to state during his budget, i.e. the removal of the Value Added Tax (VAT).

Alfred Sant has every possibility to reintroduce VAT......his stubbornness is the cause of the high cost of living.

 

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ÿ Ole-informa News Room 1998