Finance Minister Tonio Fenech this evening presented the Budget Speech 2012 in the House of Representatives. The speech was built around the theme "The storm can be overcome only with wisdom and seriousness".

Mr Fenech said the Budget has five main aims: economic stability, safeguarding jobs, education, the environment and protection of families and vulnerable persons.

The following is an English translation of the speech, provided by the Finance Ministry.

Click on the pdf below.

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