Press Release: A Budget that leaves more funds in people’s pockets, encourages work and investments
11 October 2021
Ignores however the negative effects of the Greylisting on SMEs The Malta Chamber of SMEs...
While combatting the effects of Covid, Malta was also fighting another important battle to stay off the Moneyval grey listing. It is therefore even more exceptional that during a crises of the extent of Covid Malta managed to achieve such an important result.
The Moneyval opinion, tough not the final one, was awaited with great anticipation by the Chamber of SMEs. A negative opinion would have led to catastrophic consequences on our economy and this catastrophe has now been averted.
A positive outcome such as this one is documented proof that Malta has turned the page. Whilst scrutiny will continue and so will Malta’s efforts to keep up progress, the positive position of Moneyval in relation to Malta’s report goes a long way in addressing the serious shortcoming our country has lived through in the recent past.
The SME Chamber congratulates the Prime Minister and the Minister for Finance on this positive achievement.
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.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).