A recent survey has shown that 68% of 385 individuals are hesitant to return to the routine preceding Covid-19.
The survey was part of a report, titled Agile: Perspectives on Malta’s economy post-COVID-19, carried out by SEED Consultancy, through consultations with 18 social partners, 20 business leaders, 15 expert contributions, most being UM academics. 385 individuals participated in the survey.
Other results from the survey show the following:
- 41% expect their financial position to be worse off
- 36% expect working days to be reduced
- 60% of foreigners will remain in Malta
- 17% will save more post-Covid-19
- 65% of employees ready to be flexible
- 27% already had salary reductions
- 62% of foreigners are struggling to pay rent
- 70% will postpone travelling
The publication aims to contribute to the national debate and stimulate business and policy leaders to embrace the future, while working towards a much-needed recovery plan anchored around a long-run vision for Malta.
Four UM academics, namely Prof. Vincent Cassar, Dr Stephanie Fabri, Dr Jonathan Spiteri from the UM’s Faculty of Economics, Management and Accountancy (FEMA) and Mr JP Fabri, a Visiting Lecturer at FEMA and the Centre for Distributed Ledger Technologies, helped co-author the report.
The UM academics who pooled in knowledge from their area of specialisation for the compilation of this report are: Prof. Frank Bezzina, Dr Marie Briguglio, Dr George Vital Zammit from FEMA, Prof. Andrew Azzopardi and Prof. Josann Cutajar from the Faculty for Social Wellbeing, Dr Antoine Grima from the Faculty of Law, Prof. Claude Mangion from the Faculty of Arts and Prof. Alan Deidun from the Faculty of Science.
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