Deficit reaches €94.2 million in second quarter

Neville Zammit

Oct 22nd 2009, 19:39

This gov has been governing since 1987, 22 years with a short interval of 22 mts. Gonzi cannot blame anyone for these catastrophic financial situation but his government.

We're ruining our country, when I say "we" i am not only referring to the people but to the media as well. Unfortunately our media sometimes is more interested to dwell about what happened 30 years ago than about our future.

If Gonzi and Tonio Fenech were in charge of the finance of a private company and get the same results every year they would be fired.

Where is the media? Gonzi promiced a surplus before the last election by 2010 or so (I stand to be corrected about the exact date) and a year later we have this result. He was aware of the recession approaching before the election so there is no excuses. The famous "finanzi fis-sod",if these results are considered "sodi" then we must invent another word for disaster and don't tell me I am being negative. This is reality.

Neville Zammit

Oct 22nd 2009, 19:38

Why the media is not asking these questions to the government? Is there anyone responsible for our future? We're paying more and more taxes and yet the deficit keeps shooting up. Then at the last year of the legislature comes gonzi saying the we are enjoying the fruit of our sacrifices so there he is, forking out some money because the people will forget and will vote him in for another term so he will reassume were he has left, that is increasing taxes while the debt & deficit keeps going up.

Mario Camilleri

Oct 22nd 2009, 18:08

Mr Martinelli please give us an explanation for this deficit? i think it's Alfred Sant to blame right. Why The Times never writes any editorials about Malta's deficit and public debts? i remember an editorial of The times about the 33 new taxes during the PL in government but never read that they were removed!!!!
but lets continue to remember about black monday and about the result of the EU referendum and about alfred Sant and about the past and forget the present and the future. i ask the Times who will always gain if we keep living in the past and not in the present???

c.vella

Oct 22nd 2009, 18:02

Dawk par idejn sodi !!!!!! well dont be surprised that PL will get the blame..... ghax Flimkien kollox possibli......shame gonzipn

Alexander Morana

Oct 22nd 2009, 17:09

Daqt il- Halloween fil 31 ta’Ottobru. Deficit tal- wahx! Mur u ara xi budget gej?

Anthony Mizzi

Oct 22nd 2009, 15:07

WOW. Another record breaking deficit.

At this rate, Malta will soon be appearing in the Guiness Book of Records by the end of the year .......unfortunately.

Joe E Galea

Oct 22nd 2009, 15:06

This deificit is surely the PL and Joe Muscat's fault!! .....lol

mmmm nahseb li t-tord hu wkoll ta' A Sant wara li tkellem fuq Dissett. Jista jkun it-tord hu wkoll tal-protesta pacifika li se jorganizza l-PL nhar il-Hadd f'Haz-Zabbar. It-tord hu ta' dawk kollha li jhallsu t-taxxi gax mhux qed ihallsu bizzejjed.

Ara ahna ghandna Finanzi fis-Sod fil-Par Idejn Sodi ta' Gonzi!! Nahseb li l-NSO qeda tigdeb hawn fuq, nahseb li hemm Joe Muscat wara l-figuri. Dak ihobb jivvinta u jigdeb. Ma tarawx li l-affarijiet sejrin hazin!! Kollox miexi fuq i-rubini, halluna ja Laburisti.fhimtuni hux!!!....lol

J.Camilleri

Oct 22nd 2009, 14:34

Please Dr. Gonzi, if you really love our country, resign. Malta literally is bits and pieces.

Tonio Bone

Oct 22nd 2009, 14:23

Whoever is governing the country must come to terms with the fact that the nation does not afford to fork out money it does not have for capital projects. Euro 80 million for City Gate, Euro 40 million for Mater Dei extention, Euro 170 million for Power Station extention and the list goes on.
We all love our country to progress, but like a father running a family, the government cannot do things that he can't afford!
As citizen we have the impression that things are really getting out of hand, and I hope that they will not reach a point when it is too late.

P.Cassar

Oct 22nd 2009, 14:19

It is these tragic statistics that the media (esp editorials), the govt, all polticians, us bloggers and the people in general should be often, if not daily, harping about.

Many times we are swayed away from such vital subjects by political media manipulators to our own condemnation.

J.Camilleri

Oct 22nd 2009, 14:15

Can't imagine what would the PN diehards have to say if the PL had to be in government with this famous deficit... Hallas Ja Gahan Malti. PL should remain in the opposition and just sit and watch this circus till Gahan Malti jispicca jitkarrab u jittallab ghax ekk irid il-poplu. Sawtu.

dimech malcolm

Oct 22nd 2009, 13:15

in 1998 il hofra kienet hrafa ,that's what pn leader use to say now its a barriera and it is all fault of the PN goverenance.

D. Scerri

Oct 22nd 2009, 13:05

More revenue from taxes yet an increase in the deficit?

Is the government trying too hard? I mean, you couldn't muck this up so badly on a part-time job. Hey, there's an idea: Gonzi & crew, take a holiday.

Leonard Brincat

Oct 22nd 2009, 12:59

4,000,000,000 Commission ghandha fil kaxxa imma 1,000,000,000 ghal frott tat tfal ta l-iskejjel m'hemmx.Ara x'gaj fill bugdet u wara. Deficit u dejn dejjem joghlew bilkemm ma jighdux li tort tat PL.Il-Bniedem kemm tista iddum titmejjel bih?

Nigel Lawrence

Oct 22nd 2009, 12:26

And they still want to blow nigh on a €100 on projects of very little importance.

Marianne Bugeja

Oct 22nd 2009, 12:22

Didn't it have to be 80 million? So this means the govt. has already gone 14 million euros wrong?? U iva miljun l'hawn u miljun l'hemm.....mhux il-poplu ta bezzul li hu jrid jhallas!!!!