The MEFP notes that the Finance and Budgetary Control Committee has rejected the draft 2026 Supplementary Budget Bill for the second time
The Ministry of the Economy, Finance and Planning notes that the draft Amending Finance Bill (LFR) for 2026 has been rejected for the second time by the National Assembly’s Committee on Finance and Budgetary Control at its meeting on Friday 30 October 2026.
The Ministry wishes first and foremost to emphasise that, in the interests of budgetary transparency and constructive dialogue, a highly detailed document was submitted to the Committee on Friday 30 October, in response to a memorandum from the Committee received on 26 October 2026, setting out the main concerns of the PASTEF parliamentary group.
On Friday 30 October 2026, a series of discussions addressed all the concerns raised, particularly those relating to energy subsidies, family support payments and priority spending.
The Ministry states that the necessary clarifications and supporting documents have been forwarded to the honourable Members of Parliament so that they may make an informed and well-founded decision.
Despite all these detailed clarifications, the Committee voted against the adoption of the 2026 Amending Finance Bill.
Furthermore, despite the rejection of the responses and clarifications provided after three sittings, the Ministry wishes to emphasise that, to date, the Committee has not tabled any amendments or counter-proposals.
It is worth reiterating that an amending Finance Act is essential to bring the budget into line with available resources and the expenditure to be covered, when the parameters of the original Finance Act undergo significant changes, as is currently the case. It enables Parliament to approve the adjustments necessary to fund national priorities and ensure the State meets its commitments.
This rejection comes against a backdrop of particularly limited fiscal room for manoeuvre, difficulties in accessing financial markets and ongoing negotiations with the International Monetary Fund. Whilst a recovery in investment requires signals of confidence, prolonged budgetary uncertainty risks jeopardising the mobilisation of funding intended to cover resource gaps in 2026 and increasing pressure on the State’s cash flow, to the detriment of priority spending and the population.
The Ministry of the Economy, Finance and Planning reaffirms its willingness to continue discussions in a constructive and responsible manner during the plenary session to be held shortly on the draft Supplementary Budget Bill. It hopes that, during this plenary session, a sense of responsibility and consideration for the greater good of the population will enable all parties to focus on what matters most, namely the adoption of the Amending Finance Act in order to provide relief to the population.