Government Reports Significant Deficit in First Half of 2026
· Updated
In brief
- The government recorded a deficit of €463.5 million during the first six months of 2026.
- National debt exceeded €11.9 billion by the end of June this year.
- Expenditure growth outpaced revenue growth, contributing to the negative financial trend.
The Maltese government has reported a deficit of €463.5 million for the first half of 2026. This figure comes as the country's national debt surpassed the €11.9 billion mark by the end of June.
According to the latest statistics, the government's Consolidated Fund showed a negative trend, with expenditure increasing by €687.1 million. This rise in spending was higher than the €681 million increase in recurrent revenue during the same period.
The data indicates that the growth in government spending is currently exceeding the growth in its income, contributing to the overall deficit recorded for the first six months of the year.
Lovin Malta has reported that Malta's government deficit reached €463.5 million by the end of June. The country's national debt also climbed to almost €12 billion during the first half of 2026.
These figures align with previous reports on the government's financial performance for the period.
The Spin Room
Low media divide. Lovin Malta reported figures consistent with previous reports on the national debt and government deficit.
Updates
- : Updated with Lovin Malta's report confirming the government deficit and national debt figures for the first half of the year.