At the end of last week GRTU took once again the initiative on behalf of our members and wrote to Hon Tonio Fenech, Minister for Finance, the Economy and Investment, to bring to his attention that it is indeed sad that the 16% rebate and bank finance support scheme on purchase of new computers will be stopped.
GRTU first of all pointed out that this scheme has been very successful and GRTU is indeed very please with the take up. GRTU however pointed out that there is however still much scope for it to continue to operate as our ratios of computer home penetration is still low.
GRTU complained that the scheme took too long to really get off the ground and GRTU, directly and through its members, the majority of computer retail outlets, campaigned extensively to get it moving.
We also mentioned that we feel this scheme should actually be represented as a best practice now that the uptake became so extensive.
It is indeed sad, and lacks logical sense, that government is now closing the scheme as of the last day of May 2008. In the first instance demanded its extension up till the end of July to cover the Trade Fair period, but it makes even more sense if the scheme were to be extended to end of October to cover the pre and early schools starting period.
Our main recommendation was that the scheme is extended further till such time as the computer household take-up ratios are at par with the targets of the Lisbon Agenda.