Robert Abela tried to hide the fact that he borrowed one billion euro just before calling the election, but he was caught

In Malta, he ordered the NSO not to publish the debt statistics under the excuse of the day of reflection on the eve of the election… but the European Central Bank exposed him over the record borrowing of €12 billion by the end of April

The country’s debt has reached yet another record. In five years, Robert Abela accumulated more debt than the country had accumulated in 55 years under several Prime Ministers. Over the past five years, Robert Abela borrowed more than one billion euro every year. And now we know that, in April 2026 alone, in just one month, Robert Abela borrowed one billion euro.

The Labour Government tried to hide all this by ordering the National Statistics Office, which is supposed to be independent, not to publish this fact before the election, under the pretence of observing the day of reflection. This has never happened before in Malta’s history and, in the last election, these NSO debt statistics were published precisely on the eve of the election.

However, the European Central Bank exposed what Robert Abela wants to hide from the Maltese and Gozitan people. This further shows how Robert Abela has seized control of all the institutions and raises serious doubts about the figures published by entities that are supposed to be independent.

In April 2026, Robert Abela borrowed as much as the annual average of the past five and a half years. In just one month, Robert Abela borrowed what he would normally borrow in an entire year. He burdened the Maltese and Gozitan people with record borrowing. A quarter of the debt into which Robert Abela has dragged us is owed to foreigners. Malta and Gozo’s borrowing now stands at €12 billion, according to figures published by the European Central Bank and revealed yesterday in Naxxar by Leader of the Partit Nazzjonalista Alex Borg. When Robert Abela became Prime Minister, this stood at €5 billion.

Robert Abela was caught borrowing one billion euro in the month before the election. While Robert Abela’s Government wants to know everything about you and your family, he hides his own assets and those of his friends. Now he is even hiding the facts about the country’s finances. You have to pay for all this while the chosen few continue to gorge themselves.

Abela treated the people’s money as his own in order to win the election at all costs. The taxes you paid, which should have gone towards health and pensions, were spent on favours. No wonder Labourites who never expected anything from the Government, as well as others who were sidelined, no longer recognise today’s Labour Party.

After taking these people’s vote and abandoning them throughout the legislature, Robert Abela now wants to win the general election — an election he called a year early because he could no longer withstand the pressure — so that, from Monday onwards, he can use their taxes to pay for the debt he created in order to serve the chosen few. This is workers’ money, self-employed people’s money, and business owners’ money.

Under Robert Abela, you pay for the favours given to the chosen few. Under Robert Abela, part of every tax you pay goes towards paying the debt and the interest.

28.05.2026