On the 24th October 2022, the Minister of Finance introduced the country’s Budget for the year 2023. It is highlighted that the Budget deficit of the country is of €1.142 billion (that is 7.8% GDP) in 2021 and the deficit forecast for 2022 is of €948 billion (that is 5.8% of GDP). Salient features of...

The Minister of Finance introduced the country’s Budget for the year 2022. It is highlighted that the Budget deficit of the country increased to €1.268 billion (that is 9.7% GDP) in 2020 and the deficit forecast for 2021 is of €1.545 billion (that is 11.4% of GDP). Salient features of the measures announced include: Tax...