One in three Maltese expect Budget 2027 to make the country worse off

A new survey has found that one in three Maltese citizens believe Budget 2027 will leave the country worse off. The finding signals a significant erosion of public confidence in the government's fiscal direction.

The survey, conducted by an independent research firm, polled a representative sample of the Maltese population. It asked respondents whether they expected the upcoming budget to improve, worsen, or have no effect on the country's economic situation.

Exactly 33% of respondents said they expect Budget 2027 to leave Malta worse off. Another 28% said they expect no change, while only 24% said they expect the country to be better off. The remaining 15% said they did not know.

The data comes as the Maltese government prepares to unveil its spending plans for the next financial year. The budget is expected to address key issues such as cost of living, housing, and business support.

For Malta's business community, the survey results are a warning. Consumer and business confidence are closely linked, and a pessimistic public mood can dampen spending and investment.

Small and medium-sized enterprises, which form the backbone of the Maltese economy, are particularly sensitive to shifts in sentiment. If customers expect tougher times ahead, they may tighten their belts, hitting retail, hospitality, and services.

The survey also found that younger respondents were more likely to expect a negative outcome. Among those aged 18 to 34, 38% said they expect the country to be worse off after Budget 2027.

This generational split matters for businesses targeting younger demographics. It suggests that the government's messaging and policy proposals have not yet convinced a key segment of the workforce and consumer base.

The government has not yet responded to the survey findings. Finance Ministry officials have previously stated that Budget 2027 will focus on economic resilience and support for families.

However, the survey suggests that a significant portion of the population remains unconvinced. For businesses planning their own budgets, the public mood adds another layer of uncertainty to an already complex economic environment.