Budget 2019: Here’s what they are saying…

The General Workers Union 

The GWU described the 2019 Budget as a positive one which not only satisfies today’s necessities but also strengthens future foundations. GWU said that the Government measures launched today will continue to strengthen vulnerable lives and address past injustices. GWU praised the increase in work leave for employees, the increase in pensions and childrens’ allowances as well as the social benefits.

Read more here.

The Malta Employers’ Association

The MEA said that the increase in leave for next year will have an impact on the productivity levels and sticks to its opinion that this is unnecessary. MEA said that Malta is one of the countries which has the most days of leave and public holidays. MEA also said that the 2019 Budget reflects the strong economy but also that it is necessary to envision the future.

Read more here.

The Malta Hotels & Restaurants Association (MHRA)

The MHRA are satisfied with AirMalta’s positive performance and forecasts which were outlined in the Budget 2019 on Monday. It also welcomed the Paceville embellishment project as well as the projects on the Marsaxlokk, Birżebbuġia, Xlendi, Gżira and Msida promenades. However, it also reminds the Government to consider other localities such as Buġibba and the north of Malta.

Disappointed that the Government is not focusing on energy-saving measures – Malta Developers Association (MDA)

Whilst satisfied with the administration’s vision for 2019, the MDA is disappointed that there was no mention of energy-saving measures in buildings. The MDA also wished for incentives so that contractors are able to buy tools that are considerate towards the environment

“Glad that the Valletta 2018 legacy will live on” – Fondazzjoni Valletta

Fondazzjoni Valletta 2018 welcomed the news that the Valletta 2018 legacy will continue in the coming years with the establishment of a Valletta Cultural Agency. It explained that this would serve as the main point of reference for the Valletta cultural calendar as well as development in the city to ensure a continuum on the Valletta regeneration project.

“Budget that has no long-term economic vision” – UĦM

The UĦM-Voice of the Workers said that the Budget 2019 is only addressing social pockets and lacking in long-term economic vision.

The Union mentioned a number of positive initiatives such as an increase in pensions, the additional day off, the removal of fees on AMTSEC and SEC examinations, and the free cancer medication.

However, it also said that it is very disappointed that a number of measures proposed by them have not been included. These include the protection of salaries. The UĦM also said that it is against the Home Equity release as pensioners will have to sell their homes to be able to provide for their pension’s shortcomings.