In the heart of Valletta, at the historic Auberge de Castille, the Cabinet is currently deliberating on the next year’s budget. Among the many figures and proposals, one issue stands out: defence spending. The pressure is on, with local think tank Momentum calling for a significant increase to maintain Malta’s neutrality in an ever-changing geopolitical scene.

Malta’s neutrality, enshrined in our constitution, is not without its costs. It’s a balancing act, walking the tightrope between maintaining our independence and not alienating our allies. But with defence spending at around 0.8% of GDP, some argue that we’re not giving ourselves the best chance to stay neutral.

Momentum’s report, “Neutrality in a Changing World”, argues that with increasing global tensions and Malta’s strategic location, we need to invest more in our defence capabilities. They’re not alone. Retired military officials and political figures have been echoing similar sentiments, sparking a debate that’s reverberating from the halls of Parliament to the bustling streets of Paceville.

So, where would the extra cash go? Momentum suggests investing in our military infrastructure, updating our equipment, and boosting our cyber defence capabilities. They also propose increasing our defence diplomacy efforts, fostering relationships with both traditional allies and emerging powers.

But money doesn’t grow on trees, especially not in these post-pandemic times. The question on everyone’s lips is: where would the government find the funds? Some suggest reprioritising existing budgets, while others argue for creative financing solutions. But with every coin spent, another must be saved.

Despite the heated debate, public opinion remains divided. A recent survey by the Malta Today showed that while a significant minority supports increased defence spending, a larger chunk prefers maintaining the status quo. The silent majority, it seems, is still undecided.

But one thing’s for sure: Maltese people care about their country’s neutrality. It’s a topic that stirs passion and pride, from the fishing boats in Marsaxlokk to the high-rises of Sliema. And as the budget deadline looms, that passion is only set to intensify.