Malta’s Government recorded a €178 million deficit in its Consolidated Fund by the end of May 2026, according to the latest Government finance figures.Between January and May, recurrent revenue increased by €517.5 million, while total expenditure rose by an even higher €549.4 million, resulting in a negative change of €31.9 million in the Government’s Consolidated Fund.The largest increase in Government revenue came from Income Tax, which rose by €261.4 million over the same period.On the expenditure side, Programmes and Initiatives registered the biggest increase, growing by €209 million.Meanwhile, Malta’s Central Government debt continued to rise. By the end of May 2026, it stood at €11.84 billion, marking an increase of €956.6 million compared to the same period last year.The figures were published as part of the Government Finance Data for January to May 2026.What do you make of these statistics?•