By the end of April 2019, Government’s Consolidated Fund registered a deficit of €144 million Between January and April 2019, recurrent revenue rose by €158.1 million and amounted to €1,387.7 million. This represented a 12.9% increase from the €1,229.6 million reported in revenue during the corresponding period in 2018. The increase was primarily the result...
Inbound tourist numbers up, expenditure per capita down in Q1 2019 Inbound tourists for the first three months of 2019 amounted to 425,892, an increase of 2.8% over the same period in 2018. Total nights spent by inbound tourists during Q1 2019 went up by 4.2% reaching nearly 2.8 million nights, when compared to the...
Inbound tourist trips for the first eleven months of 2018 reached 2.477 million, an increase of 14.5% over the same period in 2017. Total nights spent by inbound tourists went up by 12.6%, reaching nearly 17.7 million nights%. Total tourism expenditure was estimated at €2.0 billion, 8.2% higher than that recorded for 2017. Total expenditure...
Between January and October 2018, recurrent revenue rose by €213.9 million and amounted to €3,496 million. This represented a 6.5% increase from the €3,282.1 million reported in revenue during the corresponding 10 months of 2017. The increase was primarily the result of higher Income Tax (€103.6 million), Value Added Tax (€71.6 million), Social Security (€68.1...
Total tax revenue in Malta in 2017 went up by €381.4 million over the previous year and stood at €3,608.2 million. Tax revenue can be broadly classified under three main headings: indirect taxes, direct taxes and social security contributions. All three categories of tax revenue registered an increase in 2017. The largest increase was recorded...