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.”
Lucienne Pace Ross appointed Territory Senior Partner at PwC Malta
She also currently serves as Vice-President at the Malta Institute of Accountants.
Maltese Professor Eugène Buttigieg elected as one of the Presidents of Chambers at EU General Court
Admitted to the Maltese Bar in 1987, Judge Buttigieg began his career in the Government legal service.
Joseph Sultana set to continue five-year tenure at European airspace body
Mr Sultana began his aviation career in Malta as an air traffic controller before moving into management.
Maria Elena Despott appointed Head of European Commission Representation in Malta
She brings 17 years of experience within the European Commission, combining expertise in legal, economic and communication affairs.
