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Government will address challenges of Malta economic success : Abela ##

The Prime Minister’s comments came during a speech at the Malta Chamber of Commerce, Enterprise and Industry (MCCIE) annual conference. Abela’s speech focused on the need for a balanced approach to economic success, acknowledging the positive impacts of Malta’s economic growth but also highlighting the challenges it has brought. He emphasized the need for a “social contract” between the government and the people, where both sides understand and agree on the responsibilities and obligations of each.

The Prime Minister, in his address to the General Workers Union, outlined a plan for the next year’s budget, emphasizing the importance of investing in key areas like education, healthcare, and infrastructure. He also highlighted the need for responsible spending and fiscal discipline. The Prime Minister’s speech focused on the following key points:

The Malta Chamber of Commerce, Enterprise and Industry (MCCIE) has called for a more sustainable economic model that is not reliant on population growth. The call came after a meeting with the Nationalist Party (PN) leader Bernard Grech and members of the chamber’s board. The Malta Chamber officials highlighted the fact that only a small portion of their proposals were incorporated into the last budget. This suggests a disconnect between the government’s priorities and the needs of the private sector.

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