Malta

II - Changes to the Budgetary Process

Budgetary process
II.1
Describe the main characteristics of the budgetary process (cycle, actors, instruments, etc.) in Malta.

The Maltese Constitution contains several provisions concerning the budgetary process in its articles 102 to 108. The Finance Minister of Malta has to present estimates of the revenues and expenditure of Malta in front of the Parliament. He has to present them in the actual year, before or not later than 30 days after the commencement of each financial year. Parliament has to adopt the revenues and expenditures in an appropriation bill. Therefore, the usual parliamentary procedure is used, which contains three reading stages, including a commission stage as part of the second reading and the report stage. The law is published as a ‘Budget Measures Implementation Act’.

The Constitution also contains the obligation to create an Auditor General who shall be an officer of the House of Representatives. He has the competence to audit all accounts annually.

General change
II.2
How has the budgetary process changed since the beginning of the financial/Eurozone crisis?

No information known. A new Fiscal Responsibility Act has been announced, but there has been no proposal yet (see question IX.4).         

Institutional change
II.3
What institutional changes are brought about by the changes in the budgetary process, e.g. relating to competences of parliament, government, the judiciary and independent advisory bodies?

No information known.

Change of time-line
II.4
How has the time-line of the budgetary cycle changed as a result of the implementation of Euro-crisis law?

No information known.

Miscellaneous
II.5
What other information is relevant with regard to Malta and changes to the budgetary process?

Not applicable.