Fabian Demicoli

OPEC: Did you know that…?

  •  For every litre of petrol/gasoline sold, G7 countries make more money in taxes than OPEC Member Countries do from actual sale of oil. (see graph below)
  • In the UK, about 64% of the pump price is government taxes
  • Between 2003 and 2007 the 7 member countries of the G7 (Canada, France, Germany, Italy, Japan, the UK and the USA) made an average of US $517b annually in Government taxes, while the thirteen members of OPEC (Algeria, Angola, Ecuador, Indonesia, Islamic Republic of Iran, Iraq, Kuwait, Libya Nigeria, Qatar, Saudi Arabia, UEA and Venezuela) made and average of US $ 505b

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The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.

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