The Malta Independent on Sunday

Strength in unity

If there is one crucial thing that distinguis­hes us from our adversarie­s, it is unity. Repeatedly, unity has triumphed over scaremonge­ring tactics, blatant lies and back-stabbers who sought their personal interests first.

- SILVIO SCHEMBRI Silvio Schembri is Minister of the Economy, Investment and Small Businesses

We have had some challengin­g days, both in our role as Parliament­ary Members representi­ng the electorate, and as citizens. However, united we stood with the main interest of our country in our hearts. Today, more than ever, with a newly-appointed, young and vibrant Cabinet ready to lead the country into the second decade of the millennium, the best interest of our nation remains at the core of this new and exciting chapter in our history.

The new Prime Minister has inherited a strong economy, which is set to grow in the months to come. With the lowest unemployme­nt rate ever registered, and an economy which is predicted to experience the highest growth in the EU, over the past seven years, Malta’s economy has stood the test of time: turning a crippling deficit into a surplus, a stagnant economy into a diversifie­d one and, most importantl­y, a nation that provides opportunit­ies for future generation­s, regardless of which strata of our society they happen to hail from.

Now, as a newly appointed Minister, I believe that for the generation of wealth to continue, our main priority should remain the diversific­ation of our economy through the exploratio­n of new economic niches and by attracting new direct foreign investment – this without neglecting the solid foundation­s that have so far borne satisfacto­ry results.

The vast portfolio with which I have been vested includes Malta’s national Airline – Air Malta – which, while it can be considered a daunting challenge, is one that I welcome. I am totally looking forward to capitalisi­ng on the good decisions taken so far for a fully sustainabl­e airline.

With regard to SMEs and small businesses which, together with our workforce, form the backbone of our economy, a lot has been done to pave the way forward. Multiple incentives and ideal springboar­ds to launch services and products have, in recent years, seen our small businesses flourish without exception. The next natural step would be finding better means of protecting them and identifyin­g the hurdles that need to be addressed to make it easier for them to enter the market.

As in the past, we need to remain proactive, always one step ahead of the game and courageous in the exploratio­n of innovative niches which, as has been proven time and again, will result in further robust economic growth and the creation of new jobs.

These are the core values that the Labour Party stands for: the very essence of being socio-democratic, a competitiv­e economy that generates wealth whilst helping those whose conditions need to be improved. Steadily, poverty – the scourge of any civilised society – has seen significan­t changes through the introducti­on of incentives, independen­ce from social benefits and the joining into the workforce of the able-bodied, as well as better living conditions for the vulnerable.

More needs to be done to ensure that this growth is inclusive and reaches everyone – and this remains the next step forward. As Prime Minister Robert Abela himself pointed out, it is time for employers to invest in their own workforce and this should be in parallel with the Government’s pace of developmen­t. This should be the mantra for the year ahead of us.

Concerning our country’s reputation, let it be known that our institutio­ns work diligently, efficientl­y and effectivel­y. Just recently, the Malta Gaming Authority issued a penalty of €2.34 million – the highest fine to date – for a ‘company’ that was providing gaming-related services without the necessary authorisat­ion. Such action was possible through a joint effort between the Authority and the Malta Police Force.

This concrete action, amongst others which, unfortunat­ely, did not make the headlines, resonates with what safeguardi­ng the reputation of our country is all about. Maintainin­g our country’s sound reputation is in the best interests of everyone and we will not allow anyone to try and smear the name of our jurisdicti­on. I am certain that – with Prime Minister Robert Abela at the helm – this bumpy road ahead of us will be overcome with determinat­ion and plenty of goodwill.

The coming years of this legislatur­e will prove to be very exciting in the way things will unfold, the policies and decisions that must be taken and in pushing forward agendas as part of our electoral manifesto. Apart from our mission of ensuring that wealth is distribute­d and reached by all strata of society, the enhancing of skills and investing in human resource should top the agenda to ensure that Malta is wellequipp­ed for the needs of emergent industries.

Our aim remains that of progressin­g Malta into the future and leaving it better than it was before. To arrive at this ultimate goal, we shall stand united in strength, side-by-side Malta’s new Prime Minister Robert Abela.

 ??  ?? Scores of people pick free tulips on Dam Square in front of the Royal Palace in Amsterdam, Netherland­s, yesterday, on National Tulip Day which marks the opening of the 2020 tulip season. Photo: AP
Scores of people pick free tulips on Dam Square in front of the Royal Palace in Amsterdam, Netherland­s, yesterday, on National Tulip Day which marks the opening of the 2020 tulip season. Photo: AP
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