A day after the Government presented Budget 2026, Finance Minister Clyde Caruana visited the De La Rue plant, where he met with employees and management to view the company’s ongoing investments aimed at expanding production.
Minister Caruana remarked that the investment being made by De La Rue “reflects what the country itself is experiencing — the creation of greater wealth.” He said that Malta’s economy continues to grow, generating prosperity that allows the Government “to keep supporting families and businesses, Budget after Budget.”
Discussing tax reductions, the Minister recalled that in last year’s Budget the Government supported workers through a measure that left €140 million in their pockets. This year, he said, the focus shifted to families, especially those with children, recognising “the sacrifices parents make in raising their children.”
Caruana explained that the new tax cut for families — amounting to €160 million over three years — is “only the beginning” of a series of measures aimed at ensuring families retain more of their income. He added that these initiatives reward the hard work of Maltese and Gozitan workers and “strengthen the country to continue caring for its children.”
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Photos: DOI
