Energy

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.

Michael Warrington

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.”

Jonathan Shaw

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.”

Related

Government agencies must ‘understand the needs of the country and the challenges faced by the workforce’

24 September 2023
by Rebecca Anastasi

Jonathan Shaw and David Borg – the CEO and Head of People, Talent & Development for Retail Marketing Ltd share ...

‘While TCNs tend to reduce wage pressures, businesses & institutions must incur other non-wage costs’

23 September 2023
by Rebecca Anastasi

Konnekt COO Lara Camilleri takes part in a feature that first appeared on Business Now magazine delving into the impacts ...

A work-life balance isn’t a ‘luxury’, but a ‘necessity’, says The Growth Bully CEO Stephen Ellul

22 September 2023
by Fabrizio Tabone

Having been sick three times in the past two months, he had to rely on the company’s team to step ...

Sustainability challenges can appear ‘insurmountable’ without collaboration – MIA CEO Alan Borg

22 September 2023
by Fabrizio Tabone

During 2022, the amount of clean energy generated by the airport increased by 53.2% from the previous year to a ...

Close Bitnami banner
Bitnami