The Malta Chamber of Commerce, The Malta Chamber of SMEs, the Malta Employer’s Association (MEA) and the Malta Hotels and Restaurants Association (MHRA) issued a joint statement to Prime Minister Robert Abela.
In their letter, the 4 bodies representing the employers said the country is already facing economic repercussions due to coronavirus and so they are insisting for support to businesses.
The four employer bodies are proposing 3 measures to address the situation;
- Support to retain staff on payroll by 50% of the basic wage paid by Government and 25% paid by the eployer, capped at the average wage
- Support for the self-employed persons in difficulty of 75% of basic income paid by government, capped at the verage wage
- Government guaranteed loans to assist businesses to retain staff and ensure continuity with no collateral requirement.
The Malta Chamber of Commerce, The Chamber of SMEs, the Malta Employer’s Association and the Malta Hotels and Restaurants Association, in their letter to the Prime Minister, said that the eligibility for support will be based on businesses suffering a loss of 25% or more in January till June when compared to the same period last year.
Chamber seeks advice from authorities to help businesses through COVID-19 storm
The Malta Chamber has offered its help in a national effort in safeguarding public health in view of the current situation due to the coronavirus.
In a statement, the Malta Chamber said that it will assist in disseminating best-practice actions and procedures amongst its members in various sectors which are operating during this difficult time.
The Malta Chamber said that on Tuesday, a meeting was held between the Superintendent for Public Health, Prof. Charmaine Gauci accompanied by Prof. Michael Borg and the Chamber.
During the meeting, the Malta Chamber President, David Xuereb said that such initiative is to be supplemented by specific remote information sessions by the Superintendence of Public Health, for Chamber members.
Xuereb said that the Malta Chamber will also help its members how to deal with social distancing procedures in a bid to reduce risk of widely spreading coronavirus.
The Malta Chamber President congratulated Prof. Gauci’s work in leading Malta’s effort against coronavirus.
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