The MHRA said in a statement this morning that it “is concerned about the increase in diesel and kerosene fuel announced for Thursday.”

The MHRA continued by saying that it “feels that this is yet another blow, small as it may be, towards diminishing the industry’s competitiveness. MHRA reiterates that the consuming stakeholders are being totally ignored by the Malta Resources Authority when they consider price increases requested by Enemalta.”

MHRA President Mr Tony Zahra stated that, “The steady increases in the cost of running business operations need to be addressed immediately as our competitiveness is constantly being eroded.”

MHRA concluded by saying that it “notes that the cumulative increase of thin fuel over the past year and a half has exceeded 50%, which cost hoteliers an additional €2.5 million, thus putting a heavy burden on the industry.”

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