Watch: Tourism and financial service sectors adversely impacted by pandemic – Delia

Tista' taqra bil- Malti.

Malta’s economy has been adversely impacted by the coronavirus pandemic, Opposition Leader and Partit Nazzjonalista Leader Adrian Delia said during a press conference on Friday. He then moved to specifically mention tourism, financial services and igaming, saying that these would be the worst hit.

The Opposition Leader cited unemployment figures recently published by the National Statistics Office.

Speaking about tourism, Delia said that around 25% of Malta’s GDP depends on tourism. He added that financial services and igaming were also crucial to the country’s economy.

Delia warned that Malta still risks being blacklisted which would dissuade investors from coming to Malta since it would be deemed an untrustworthy jurisdiction. This would mean that the country would be further adversely impacted.

The Opposition Leader compared Malta to Russia when speaking about disgraced former Prime Minister Joseph Muscat who was forced to step down amid the political crisis sparked by the investigation into the murder of journalist Daphne Caruana Galizia. Delia likened Malta to Russia in reference to Prime Minister Robert Abela’s choice of placing Muscat as his consultant.

Delia said that the Opposition was willing to assist the government and referred to the proposals unveiled so far aimed at addressing the socio-economic repercussions sparked by the coronavirus outbreak.

He also mentioned disgraced minister Konrad Mizzi who was also forced to step down last year, saying that he had “absconded” from Malta. Mizzi is reportedly in the United Kingdom. It is not yet known why he is out of the country.

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