“Welcome to the KPMG in Malta Budget Highlights for 2026.
Last year, the Government reported that the strong economic growth experienced for 2023 at 7.5%, mainly fuelled by net exports continues, with real GDP growth for the first half of 2024 of 5.9%. It was recognised that this rapid growth placed a strain on Malta’s infrastructure and affected people’s quality of life. The Minister of Finance presented a budget leveraging the strength of the Maltese economy to bolster various social measures.”
Anthony Pace
Partner, Head of Tax
KPMG in Malta
Prime Minister Robert Abela has confirmed that Malta's Budget for 2026 will be presented on Monday, 27 October 2025, following the release of the Pre-Budget Consultation Document 2026.
The forthcoming budget is expected to prioritise several key areas of national importance. Central to the government's proposals will be measures to ease tax obligations, enhance children's allowances and pension provisions, and maintain price stability across essential goods and services.
The budget will emphasise continued investment in Malta's workforce and business community while bolstering the nation's economic resilience. Notably, the government has indicated its commitment to a growth-oriented approach, distancing itself from the austerity policies currently being implemented elsewhere across Europe.
