Malta needs to live with Covid but also to keep its’ spread under control

Published by
The Malta Business Weekly

Malta cannot exist in a bubble. Depending on Malta’s domestic economy alone is not enough and it has been widely accepted that, in order not to die an economic death, Malta would emulate some other countries and learn to co-exist with Covid. As business representatives we have however always advised for a balanced approach and advocated for good regulation not deregulation.

Time and time again we have appealed to the authorities to discuss health standards so that certain activities could resume safely. We have sent plans to the authorities and requested discussions so that when the time comes these sectors would be ready to operate whilst keeping risk levels as low as possible.

Businesses are in favour of reasonable and necessary controls and standards and what is currently happening is harming businesses, our economy and endangering jobs more than any restriction could.

Before more damage is done, the authorities should enter into discussions with representatives of the private sector to devise standards that would lower risks for all planned activities. The wedding sector and the events sector need clarity and ability to future plan without the constant worry that the authorities will wait until it is too late and then try to make up for lost time by triggering informal lockdown.

What happened should have been predicted and was avoidable.

The second time round that our country will be fighting Covid, we request more clarity and a well-defined plan for the short, medium and long term. Businesses cannot keep on walking blind-folded, waiting for whatever solid ground they manage to find to crumble beneath their feet.

From where we stand, economic and health interests are not adversaries but they must find a way to communicate and together arrive to better solutions, sending one clear message.

A second wave of Covid will lead to devastation. This matter must be tackled professionally and with great urgency.

The Malta Business Weekly

In 1994, the Malta Business Weekly became the first newspaper fully dedicated to business. Today this newspaper is a leader in business and financial news. Together with the launch of the MBW newspaper, the company started organising various business breakfasts to discuss various current issues that were targeting the business community in Malta.

Recent Posts

IMF report recognises Malta’s planned strategy to strengthen its services infrastructure

The International Monetary Fund has confirmed Malta's commitment to sustainable development through policy initiatives and…

10 hours ago

Epic Malta awarded as country’s Fastest and Best Mobile Network by Ookla®

Epic reconfirmed as Malta’s fastest mobile network by Ookla® for the second time.Named Malta's Fastest…

11 hours ago

Corporate bonds driving record growth in Malta’s capital markets

The local corporate bond market has grown exponentially over the past few years driven mainly…

12 hours ago

The EU’s climate objectives are at risk

On Monday, the world’s eyes were on the swearing in ceremony of the 47th President…

12 hours ago

Food inflation and inbound tourism

As this column has been advocating, food prices in Malta generally move according to the…

12 hours ago

Alexandre Dreyfus launches ‘Qamar Ventures’, aiming to invest €10m in Malta’s digital and entertainment landscape

Alexandre Dreyfus, the net entrepreneur behind blockchain and sports pioneers Chiliz and Socios.com, has announced…

1 day ago