The 2012 Malta budget was announced on the 14th of November 2011. Important tax provisions were introduced, in the light of boosting foreign investment on the island. The strengthening of social welfare was one of the underlying themes of the budget for the coming year, as was the maintenance of economic and financial stability during these times of economic uncertainty. Other provisions aim at underpinning existing jobs, while at the same time creating new job opportunities.
A more detailed overview of the 2012 budget plan may be found at:
http://www.emd.com.mt/advocates/en-us/malta-budget-2012.aspx