SME Chamber Malta Meets with Malta Financial Services Advisory Council Chair to Discuss Key Economic Priorities

Desk Report || Published: November 20, 2024, 4:11 pm
SME Chamber Malta Meets with Malta Financial Services Advisory Council Chair to Discuss Key Economic Priorities Collected

**SME Chamber Malta Meets with Malta Financial Services Advisory Council Chair to Discuss Key Economic Priorities**  


This week, officials from the SME Chamber Malta held a productive meeting with Mr. Joe Zammit Tabona, Chairperson of the Malta Financial Services Advisory Council, to address crucial issues aimed at strengthening Malta's economic position. The discussions focused on three core areas:  


- **Malta's Tax Reform Priorities**: Exploring strategies to align tax policies with international standards while maintaining a competitive edge for local businesses.  

- **Attracting Foreign Investment**: Identifying measures to position Malta as an appealing destination for global investors through innovative policies and a business-friendly environment.  

- **Enhancing Competitiveness**: Deliberating on ways to bolster Malta's competitive standing, with particular emphasis on digital transformation and operational efficiency.  


Both parties underscored the importance of collaboration between the public and private sectors in addressing these priorities, highlighting that a cohesive approach is vital for Malta’s sustained growth.  

The SME Chamber emphasized the need for tax reforms that protect the interests of local enterprises while facilitating the economic diversification essential for attracting foreign investors. Meanwhile, the focus on digitalization and efficiency was presented as a key lever to ensure Malta remains ahead in an increasingly technology-driven global market.  

Chairperson Joe Zammit Tabona reiterated the Council’s commitment to providing guidance and strategic insights to support these objectives. The discussions underscored a shared vision for creating a robust economic framework that fosters innovation, attracts investment, and ensures long-term competitiveness.  

This meeting marks a step forward in aligning Malta’s economic strategies with its goals of sustaining growth and enhancing its appeal as a thriving hub for business and innovation. Further dialogue and collaborative efforts are expected to follow as Malta charts its course toward a resilient and competitive future.

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