Costa's magic balancing trick - Government agrees 2019 State Budget

The government executive has approved next year’s State Budget proposal at the end of a Saturday meeting that lasted 11 hours.

The agreed document will be delivered to parliament on Monday for discussion.

A note from the executive read, "the Government today approved the proposal for the State Budget for 2019, its accompanying report, the Major Options of the Plan and the Multi-year Programming Framework Budget."

The 2019 State Budget proposal foresees economic growth of 2.2%, a deficit of 0.2%, unemployment at 6.3% and a reduction of the public debt to 117% of GDP.

The budget proposal will be discussed by MPs, with a final voted scheduled for November 29th.

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