Prime Minister Lawrence Gonzi expressed his perplexity at high consumer prices which are raising the inflation rate when competition should be doing the opposite.
The Malta Labour Party yesterday presented a watered down version of its draft economic and social regeneration plan, a preamble for Labour’s electoral vision coinciding with government’s mid-term.
In spite of the growing drive to enforce fiscal discipline, revenue from income tax and social security contributions is falling.
The divestiture of Government shareholding in commercial enterprises is expected to be concluded by end 2006, Investments Minister Austin Gatt told an American television network.
The Labour Party delegates tomorrow will start meeting to discuss an economic and social regeneration plan that has been cooking for almost 10 months. Deputy leader Charles Mangion, the man who steered the discussions that led to the formulation of the final document, insists the plan was not intended to be an election manifesto.
News that captives are coming to Malta has been a favourite subject among insurance practitioners. Certainly this is good news for the financial services industry and augurs well for a number of professional practitioners who have been active to promote the island as a competitive and well regulated centre. READ MORE >>