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Ministry accepts GRTU proposals on CVA waiver
03 December 2011
Last Tuesday GRTU officials met with officials of the Ministry for Infrastructure Transport and Communication following meetings the GRTU held with Valletta retailers. GRTU told the Ministry that the positive but ambitious projects being undertaken within our Capital City have resulted in a serious drop in the sales and turnover of retailers. We cannot hope for the inconvenience to be over soon as the issue is not a seasonal one and the GRTU is seriously worried of the state and the future of the retailers in Valletta. GRTU is therefore trying to find ways to stop the negative trend.
The GRTU therefore proposed for the CVA rules to be adjusted for the upcoming festive season as we believe this is a measure that would help to boost sales. On behalf of its members the GRTU asked the Ministry to waive the CVA charges after 15.30hrs. The Ministry accepted GRTU's proposal and made the announcement public earlier this week.
The GRTU together with the retailers in Valletta will be working on further initiatives that will encourage and attract more locals and tourists to enter Valletta. These initiatives aim at encouraging them to spend more time in the Capital City and the issue of access to Valletta will be dealt with as first priority. The Ministry also said it will support the GRTU in this regard.
