Both Retail Marketing’s Jonathan Shaw and AX Group’s Michael Warrington feel that, given the situation, Government managed to deliver a good budget for Malta on Monday.
Indeed, Mr Warrington believes that “it’s a carefully measured budget reflecting the realities of the economic environment at the moment.”
Mr Shaw agrees and goes on to explain how, “we are living in unprecedented challenging times, and having to present a national budget at the moment is no easy task.”
He adds that he had a glance at the high-level summary and personally thinks that “considering the circumstances it’s a good budget.”
Energy prices have been on everyone’s minds ever since inflation started to take its toll on businesses. In the 2023 budget government has chosen to freeze energy prices via a 600 million Euro subsidy.
In this regard, Mr Shaw states that in his opinion, “the fact that energy rates are still being contained is huge in itself as a budgetary commitment, and I think the strongest element of this budget.”
Bracket Co-Founder says Malta move ‘best decision’ as EU expansion accelerates
The relocation has coincided with a period of growth for Bracket’s European operations.
‘A significant milestone’: International Aerospace Coatings CEO on Malta expansion
International Aerospace Coatings set up a Malta base following the eviction of Aviation Cosmetics Malta.
What Maltese marketers say about creativity, risk, and adaptability
Unpredictability, rapid pivots, and a willingness to embrace the unexpected.
Peter Galea returns to Malta to take on Head of Risk role at FalconX
Peter Galea announces he is returning to Malta after seven years in the UK.
