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Pensioners’ Budget Disappointment A Meager €5 Increase

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Pensioners in Malta are expressing disappointment and frustration over the recent budget announcement, which includes a mere €5 weekly increase in their pension, rather than the expected €10. This small boost in financial support has left many feeling that the government has not done enough to address the rising cost of living and financial struggles faced by pensioners. The reaction from Alex Borg, a prominent figure in the pensioners’ community, highlights the sense of disillusionment among many retirees who were hoping for more substantial support.

The budget announcement has sparked a wider debate about the adequacy of pension support in Malta. With the cost of living continuing to rise, many pensioners are finding it increasingly difficult to make ends meet. The €5 increase, while better than nothing, is seen as a drop in the ocean compared to the expected €10. As the government looks to balance the books and prioritize spending, pensioners are worried that their needs are being overlooked. The reaction from Alex Borg and others is likely to put pressure on the government to reconsider its approach to pension support and ensure that retirees receive the financial assistance they need to live comfortably.

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