“We are entering a Budget that will not hesitate to invest in the most crucial areas, including the social sector, pensions and youth” – Prime Minister Robert Abela during a meeting with the Maltese Unions Forum
At the Auberge de Castille, Prime Minister Robert Abela met with representatives of the Maltese Unions Forum (FUM), in a consultation meeting in preparation for next year’s Budget.
During this meeting, the Prime Minister stressed that the upcoming Budget is being prepared in a context where, despite the growing challenges at an international level, our country continues to enjoy economic and social stability.
In this regard, he referred to the rating by the international credit agency DBRS, which once again confirmed its confidence in the Maltese economy with the best rating it has ever given to our country. He also referred to the latest figures published by the National Statistics Office (NSO), which show that between January and August of this year, Malta recorded an increase in exports compared to the same period of the previous year.
Dr Abela stated that the labour market in our country is strong and reiterated the Government’s commitment to continue creating more opportunities for skills development, while strengthening the prospects of students and young people.
The Prime Minister stressed that the upcoming Budget will not hesitate to invest in the most crucial areas for Maltese society, including the social sector, pensions and youth. In this context, he also reiterated the Government’s commitment to continue supporting fuel and energy price subsidies so that despite international challenges, Maltese families and businesses remain protected and our country’s economy remains strong.
Dr Abela also spoke about the strength of the trade union sector in our country, which continues to operate in a climate of industrial peace and social dialogue. He noted that the strong collective agreements, signed in recent months and years, are continuing to lead to increasingly better working conditions for workers.
The Prime Minister concluded by stressing that these achievements are possible thanks to a solid economy, which continues to create wealth and offers positive prospects for the future.
For this meeting, together with the Prime Minister, the Minister for European Funds, Social Dialogue and Consumer Protection were also present.Keith Azzopardi Tanti and the Minister for Youth, Welfare and the Implementation of the Electoral Programme Omar Farrugia.
Photo: DOI/OPM
