The Gozo Business Chamber has said that it is looking at the Budget 2015 as one which is a continuation to the previous budget and without any shocks to the economy while it is also trying to make work pay by controlling the abuse on social services more.
The GBC added that it is a Budget which is very much pro-business by trying to decrease bureaucracy and increase more fair competition; the elimination of the Eco Tax is a case in point. “The proposal for the setting up of a Development Bank is a step in the right direction to facilitate more access to finance to SME’s.”
The GBC said that it is pleased to note that there will be special schemes by the ETC for the job creation in Gozo.
The GBC augurs that “the studies on the permanent link between Gozo and Malta, a new fibre optic cable and that of a fixed wing runway in Gozo will be completed in a short period of time in order to have these projects brought to fruition as soon as possible.”
The only disappointment the GBC said it has is in the increase in the fees for the licences for swimming pools and the increase in the tax on the price of cement, the Chamber concluded.