27 April, 2024
The Malta Chamber of Commerce, Enterprise and Industry held its Annual General Meeting (AGM) on Wednesday 20th March 2024.
“From day one, my ambition was crystal clear – to spur our Board of Management, our Council, and every single member into a formidable voice for The Malta Chamber, championing empowerment and unity,” said Chris Vassallo Cesareo, The Malta Chamber President, in his opening speech. He added that during the past year, The Malta Chamber embarked on a mission not just to continue, but to further elevate our representation of the business community.
Addressing those present, The Malta Chamber President said “as we look ahead, buoyed by the European Commission’s economic forecast, we see both opportunity and challenge. In the latest economic forecast for Malta, issued by the European Commission on the 15th of February 2024, the expectations are that Malta will continue to have GDP growth (4.6% yoy) and inflation increases (2.9% yoy) in 2024. Our GDP growth outpaces the Eurozone average, yet it brings with it the pressures of workforce demands and competitive sustainability. Rest assured, The Malta Chamber will confront these challenges head-on, with strategic foresight and unwavering dedication.”
Dr Marthese Portelli, CEO of The Malta Chamber, provided an overview of the accomplishments over the previous year. Dr Portelli detailed the policy, projects, communication endeavours, and events from the past year, as well as those planned for the future. “Our objectives for the upcoming year will emphasise enhancing quality and member value. This will be complemented by ongoing efforts in policy advocacy with government entities, as well as engagement with European and international partners,” stated The Malta Chamber CEO.
As the AGM drew to a close, Karen Spiteri Bailey, accountant with The Malta Chamber, delivered the financial reports for the fiscal year 2023.
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