At Auberge de Castille, during a consultation meeting with representatives of the Chamber of Commerce, Prime Minister Robert Abela stated that thanks to the country’s strong financial and economic performance, Malta will once again see a Budget focused on long-term initiatives that foster sustainable economic success.
The Prime Minister noted that, while challenges brought about by rapid economic growth will continue to be addressed, the Government remains committed to preparing the country for the future. He stressed that Malta’s economy is increasingly attracting capital-intensive investment based on knowledge and added value. “Our country is attracting investment in new economic sectors driven by innovation, digitalisation, and sustainability,” said Dr Abela, as he listed a number of industries that are expanding their presence in our country. He reiterated that traditional sectors such as financial services and tourism also continue to register steady growth.
The Prime Minister also highlighted the importance of ensuring that Malta remains an attractive destination for foreign direct investment, noting that in recent years FDI has grown significantly, with the number of jobs created through such investment having doubled.
“As we have always done, we will continue to be a shield for enterprises. We will keep strengthening support from public entities such as Malta Enterprise and others, while remaining assertive on the unique needs and challenges we face as an island nation. At European level, we will keep ensuring that our enterprises and investors are not placed at a competitive disadvantage. Maintaining a level playing field is essential,” Dr Abela reiterated.
While thanking the Chamber of Commerce for their cooperation and valuable input in various public consultations, including the Malta 2050 Vision, he noted that the sustainable growth of our economy aligns with the objectives of this vision.
Also present for the meeting were the Deputy Prime Minister Ian Borg, Ministers Silvio Schembri, Clint Camilleri, Byron Camilleri, Miriam Dalli, Clyde Caruana, Jonathan Attard, and Chris Bonett, and the Head of Secretariat at the Office of the Prime Minister Mark Mallia.
Photo: OPM
