AGP Executive Report
Last update: 7 hours agoBudget and Business: Business groups are urging the government to rethink Budget 2027 fees and restrictions affecting third-country workers, warning that higher costs could hit competitiveness and consumer prices. The Prime Minister says energy subsidies will continue, while the Opposition wants the higher tourist eco-contribution limited to May–October. Economic Outlook: Moody’s affirmed Malta’s A2 rating and forecasts 4.1% growth this year, but warned that €400 million in energy subsidies will weigh on public finances. Maritime Industry: Malta-registered private yachts can now qualify for a US cruising licence, removing a longstanding competitive disadvantage. The Malta Boat Show also drew about 70 exhibitors and 150 boats to Cottonera. Tourism: Malta’s WTTC summit brought more than 1,000 delegates and multi-billion-dollar private investment pledges, putting the visitor economy and sustainable infrastructure in focus.
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