During a special meeting of the Council of the Malta Chamber, President Anton Borg told Prime Minister Joseph Muscat that Malta’s remarkable general economic performance must not be taken for granted, especially within the context of the most unstable international scenario. “On the contrary, our relative success must be constantly supported by the necessary conditions that safeguard our competitiveness in the years to come.”
Mr Borg was addressing the Prime Minister who was invited to attend a meeting of the Malta Chamber Council on Thursday.
“We believe that it is the opportune time to invest part of the proceeds of today’s relative success into our future because we believe it is also the right time for the country to take some further bold decisions to safeguard our future economic performances” Mr Borg said.
The Malta Chamber President also spoke about public private partnerships, active labour market measures, the national minimum wage, pressures on the country’s competitiveness Malta’s upcoming EU Presidency, standards in public life, the World Economic Forum competitiveness rankings, the Eco Contribution on tourist bed-nights and energy costs.
Read the complete speech here.