Parliamentary committee launches debate on economic impact of Covid-19

Parliament’s Economic and Financial Affairs Committee has opened discussions on the economic impact of the Covid-19 pandemic, an effort which will culminate in the presentation of a report to the House.

The committee held two sittings last week on the matter, and expects to conclude the process next week, when Central Bank governor Mario Vella will be contributing to discussions.

Previous contributors to the debate include Malta Tourism Authority CEO Johann Buttigieg, former MP Marthese Portelli and Denise Xuereb on behalf of the Malta Developers Association, Mark Cutajar (SportMalta), Abigail Mamo (Malta Chamber of SMEs), Heathcliff Farrugia, Peter Spiteri and Karl Brincat from the Malta Gaming Authority, Education Ministry permanent secretary Francis Fabri, Marco Bonnici and Elaine Germany from the Malta Union of Teachers, Ivan Filletti (Gaming Malta) and Malcolm Borg (Għaqda Bdiewa Attivi).

Committee chairman Jean-Claude Micallef said he since he took up the role earlier this year, he wished to see the committee act proactively. It was with this in mind, he said, that the committee embarked on the exercise in full awareness of the pandemic’s significant impact on the global economy.

Micallef noted that Malta needed to adapt to significant changes, and that despite all its negative repercussions, the pandemic could represent an opportunity to bring about a positive change in the Maltese economy.