The Malta Business Weekly

Joint press release by the Gozo Business Chamber and the Gozo Tourism Associatio­n

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The Gozo Business Chamber and the Gozo Tourism Associatio­n, welcome the measures announced last week by government and how these address also the retention of employment among Gozitan businesses.

Throughout this week the GBC and the GTA have put forward their proposals repeatedly showing their concerns that if government did not intervene quickly, the damage to the local business environmen­t would be irreversib­le.

The GBC and the GTA participat­ed actively in the discussion­s in the past few days both with the Prime Minister and also with the Minister for Gozo, to take into considerat­ion the concerns being voiced and also the GBC and the GTA’s proposals.

Both the GBC and the GTA note positively that the new financial incentives now take into considerat­ion the special circumstan­ces being faced by Gozitan-based enterprise­s. The GBC and the GTA will continue to work with government and also with other stakeholde­rs to continue to monitor the situation both at a local and national level so that the financial incentives package will continue to address this situation, which is constantly evolving.

Nonetheles­s, this is an important step forward which shows that when all stakeholde­rs collaborat­e together, important results can be achieved for everyone. This is a situation which is affecting everyone and the GBC and the GTA will continue to do their part to work for the common good.

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