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BUSINESS TODAY 23 March 2023

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€1.50 THURSDAY 23 MARCH 2023 • ISSUE 198 WWW.BUSINESSTODAY.COM.MT PAGE 3 PAGE 2 PAGE 4 Government needs to be more efficient with public spending, Caruana warns GO invests €800,000 in cyber security company 30 years of the single market KARL AZZOPARDI A Europe-wide effort for countries to lower their deficit and switch to green- er sources of energy means government needs to be wiser in its spending, Fi- nance Minister Clyde Caru- na warned on Wednesday. "e way government spends public funds needs to be more efficient," Caru- ana said in parliament on Wednesday during a debate on the financial estimates for the year 2023. Caruana started by speak- ing about the banking crisis which hit American and Eu- ropean banks over the past weeks. STAR PERFORMER MSE FTSE 100 EUR EXCHANGE RATES Trading Date: 22 Mar 2023 Number of Trades: 75 Turnover: € 2,090,889.70 MSE TRX Index: 7,366.61 Change: -1.438% Name: 4.25% IZI 2029 MT0002631209 - Currency € Last Traded: 22 Mar 2023 Price 99.900 Change +3.990 US Dollar 1.0388 British Pound: 0.86477 Japanese Yen: 144.59 Australian Dollar: 1.5451 Swiss Franc: 0.98700 7,587.67 75.67 7,592.39 / 7,512.00 Value Net variation High / Low +1.01% L-IKBAR INVESTIMENT B'FONDI EWROPEJ IZI FINANCE plc Finance minister Clyde Caruana says he expects inflation to remain high over coming months Clyde Caruana

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