Budget reflects economic growth, says Gozo Tourism Association

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Budget reflects economic growth, says Gozo Tourism Association

Minister for Finance delivers the Budget Speech to the House of Representatives

“This is a budget that reflects the economic growth environment in various sectors including the tourism industry in the Maltese Islands,” the Gozo Tourism Association said today.

Budget proposals put forward by the Gozo Tourism Association were mostly targeted towards fiscal measures and the touristic product upgrade,” it said

While no fiscal measures were introduced toward the Gozitan tourism industry, the GTA said that it noted the positive measures targeting the improvement of the touristic product on the Island of Gozo.

The GTA also welcomed the announced improvements including the implementation of the master plans for Marsalforn and Xlendi, and the finalisation plans for the rebuilding of the Marsalforn breakwater.

It said that the project for the Gozo Aquatic Centre, apart from improving the touristic product, will help to create another tourism niche that of sports tourism.

Furthermore, the Gozo Tourism Association welcomed the extension of the refund scheme, through which employers will get a 30% refund of the pay up to €6,000 for each new job created in the Gozitan private sector, on a three-year contract.

The Association also noted the Government’s intention to revisit the collection of the ECO contribution with the input by the respective stakeholders.

The GTA said that it is now expecting that from the funds collected through the eco-contribution, embellishment projects are also carried out in Gozo, “while representatives of the Gozitan tourism industry, should also be consulted in the collection and administration of these funds,” it said.

The Gozo Tourism Association concluded that “there were other several budget measures we proposed that were not catered for, especially those targeted to continue mitigating seasonality, the Association however acknowledges that on the whole this budget promotes further tourism growth.”

Photo: DOI/Jeremy Wonnacott

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