Malta to spend 608 mln euros on energy and food subsidy in 2023: FM

VALLETTA, Sept. 16 (Xinhua) -- Malta's Finance Minister Clyde Caruana said on Friday that the government was planning to spend around 608 million euros (608 million U.S. dollars) on subsidizing energy and food prices next year, an increase of 135 million euros over this year's spend.

Caruana told a press conference that even though the amount was equivalent to 3.6 percent of the country's gross domestic product,