Chamber again expresses concern at possibility of budget being rejected by Parliament
The Chamber of Commerce has again today expressed “its grave concern about the possibility of the 2013 Budget being rejected by Parliament”.
In a statement it said that the potential consequences of interrupting the smooth continuity of business were too large to contemplate.
“Tax and duty collection, for instance, may be thrown into disarray to the detriment of public coffers, fiscal morality and the reputation of the country as a stable destination for business.
“Other areas such as incentives for business, training programmes and social security benefits will all be at risk. The country so far has weathered the international storm as a result of private sector initiative. Malta must not risk being thrown in a similar predicament as some of its close neighbours due to political differences,” it said.
The chamber speaks for said that the private sector was an innocent party in the matter and must not be made to suffer the consequences of political differences.
“If we truly believe that the private sector is the motor of the economy, we must not undermine its past efforts which served to keep the county well afloat through such challenging times whilst other larger economies succumbed.
“Seeing our efforts go to waste is not the way to encourage private sector initiative,” it said adding that the national interest and economic well-being had to prevail over any political differences.
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pat muscat
Dec 8th 2012, 08:43
If Dr Lawence Gonzi said that ' ma taqax id-dinja jekk ma jghaddix l-budget' I see no reason why the Chamber should worry. After all this instability has been protracting for almost a year now, and it is still 'business as usual'. Let us not make a mountain out of a molehill.
Michael Magri
Dec 8th 2012, 16:44
Agreed Pat..
Chamber MUST have a hidden agenda...!!!
victor caruana
Dec 8th 2012, 08:39
We know the consequencies of failure of budget making it through.
Just point your fingers on those responsible. Are you that shy? Probably you were a major force in having the current party in government....minn xarrbu kielu l-b akkalljaw!!
James McIntosh
Dec 8th 2012, 08:09
Is it possible that the "business community" can see an end to their preferential treatment under the Gonzi regime and are throwing a childish tantrum to continue "business as usual". There is FAR too much influence exerted from the big money people of Malta for good democratic governance.
E. Azzopardi
Dec 8th 2012, 07:42
One thing is for sure. The PEOPLE are utterly disgusted at the way the Budget is being treated. This is the lifeline of the nation.
But then politicians boast that what they do they do for the interest of the country. Again, I DO NOT BELIEVE IT.
Colin Camilleri
Dec 8th 2012, 07:19
The Chamber of Commerce is just being partisan. It knew of the government's, the opposition's and FD's intentions re the budget. It had facts beforehand and did not speak up! Now it is just acting as the txtended hand of GonziPN. The reason is clear. GonziPN wants to extend the election time till the very end. Forget it! Not with PL's support. Win you derailed MP back if you want it so badly.
Ramon Casha
Dec 8th 2012, 06:13
This administration has lost the ability to get things done over a year ago. A responsible PM would have called an election, but the nation is being held hostage to this PM's lust for power. An election, as early as possible, is more critical to the national interest than any change introduced in the budget, especially since most measures are agreed to by both parties and will happen anyway.
Mario Scicluna
Dec 8th 2012, 05:02
'In a statement the Chamber said that the potential consequences of interrupting the smooth continuity of business were too large to contemplate.' Was it all GonziPN's fault with his stubborness to drag on?
Isn't this the same Stefano Mallia, a renowned PN activist , currently an aide de camp in MEP Simon Busuttil’s team? So there is uncertainty then Stefano, declared otherwise by PM Gonzi!
Vince Peresso
Dec 8th 2012, 01:30
It seems that no one questions the argument brought forward by the CofC but just questioning the timing. And in the meantime pensioners risk not getting their increase in pension, families risk not getting their family allowances ,,,,,. And in the meantime the opposition states that it will deliver the goodies in the budget. And in the meantime we have months to wait for the goodies.
M Grima
Dec 7th 2012, 23:54
The chamber of hypocrites has deemed fit to tell the citizens of Mickey Mouse land that if the budget is rejected by parliament, no cheese would be available during the crazy season. The writing was on the wall for over a year, is I ask are you asking the questions now and why are they not directed to your friends at Tal- Pieta.
M Grima
Dec 7th 2012, 23:45
Please do us a favour and shut up. You had ample time to crtitisize the government for leading this country to a stalemate and now on the eve of an election and to appease your PN friends, you are trying to shift the irrisponsability shown by GonziPN upon the PL if they vote against the budget. What a bunch of hypocrites.
L Zammit
Dec 7th 2012, 23:01
Franco, please note.
C. Sammut
Dec 7th 2012, 21:56
Surely the Chamber could have pre empted this situation??. Why doesn't it come out with constructive feedback on way forward instead of scare tactics? Any election will cause an upheaval on the country's affairs. Is it suggesting we stick on with this government so that such upheavals do not happen? I would say thank goodness this happens once in a while!!
Peppi Borg
Dec 7th 2012, 21:22
The chamber should have warnied the pm likewise months ago .
Mr Leon Zawadzki
Dec 7th 2012, 20:49
The Chamber of Commerce has no reason to voice any grave concerns. If the budget is not passed, it will be business as usual unless business is not going as well as the government has been preaching over the past year. The good thing is at least the Chamber of Commerce knows what the budget forecast will be when it is eventuality passed
If the PM cant hold a majority, its his fault, end off.
Alfred Falzon
Dec 7th 2012, 20:38
All the Chamber is interested in is not national interest but how much profit its members are going to make over the XMas period. Shame.
ANTHONY PAVIA
Dec 8th 2012, 05:31
No harm in that Mr Falzon. Profit is the "good" blood running within the economy. Without profit, there would not be any perks for the public sector, pensions nor social services. So! May profit last and be as huge as ever. Your criticism would have been understandable had it been directed at the lateness of the CoC statement. They saw this coming and should have reacted many months back.
Joe Grech
Dec 7th 2012, 20:26
The chamber of commerce should approach the P.M. and ask him to do what he should have done long ago - resign.
This country is in this difficult situation thanks to his arrogance and hard-headedness.
Franco Debono acted selflessly - he wanted to have the constitutional and justice stuations rectified but he was shamefully hounded by Gonzi PN.
Chris Xuereb
Dec 7th 2012, 19:37
mux xorta Pl are going to run the country to the ground in a few months, let them vote against & get a head start on a bad economy.
Joseph Bugeja
Dec 7th 2012, 21:48
We are on the ground already but you just can't see it. Your GonziPN government saw to it. With nearly 6 billion in debt! Very nationalistic indeed!
James Abela
Dec 8th 2012, 03:27
@ Joseph Bugeja
Don't you read the news, don't you know what is happining in other countries??? How bad their economy is, their unemployment, their debt. Receiving bail outs or are on the brink.
Compare Malta to these other countries and then decide how the present government in Malta has done.
Victor Laiviera
Dec 7th 2012, 19:37
Strange how the Chamber remained silent throughout the months when Lawrence Gonzi ignored the fact that he had lost his majority and dragged on.
If he had done his democratic duty, the election would have been over by now. The budget would have passed without any trouble.
V. Cauchi
Dec 7th 2012, 19:24
The present situation is a good reason why the Constitution, if ever agreement is reached for it to be amended, should provide for a fixed Parliament system on the lines of the US constitutional system. In such case the current clash in timing would never occur and the system would work like clockwork. Yet do the two main dictating parties really want change? I wonder. All power is in their hands.
Paul@ Micallef
Dec 7th 2012, 19:22
One does not need to have an IQ of 140 to get the message the Chamber is trying to pass on to us.The guns of the Chamber are aimed at the Labour Party. Well I have to say that CoC is not doing a good service to its members because everyone knows that the responsibility of administering the country rests with the government and not with the opposition. Please CoC treat us a little more with respect
Ronnie Callus
Dec 7th 2012, 18:56
Why are you so concerned now when you had plenty of time to reflect since Dr.Franco declared to Dr.Gonzi that he is not going to support him if Austin Gatt does not shoulder his responsabilities of all the failures and resign.Where is your credibility towards us voters.
E. Mifsud
Dec 7th 2012, 19:17
Most probably they thought that, considering the negative consequences, both parties would find a way to reach an agreement whereby the budget is approved. One simple solution is for the PL to allow one of its members to abstain while all others could vote against. The PL would then be so much more credible to the electorate and would face less problems if it wins the coming elections.
Joseph Bugeja
Dec 7th 2012, 21:46
@ E. Mifsud
Sure E Mifsud!
Just like when accepting Tonio Borg's nomination. Your respect was so much augmented that you have decided to vote PL now.
No E Mifsud I won't bet what Dr Debono will do but the sooner he does it the better. We are SO tired of this arrogance. Not even acknowledging the auditor general. Where I work if an auditor just 'smells' some fault one gets suspended.
HENRY FENECH AZZOPARDI
Dec 7th 2012, 22:51
The bill board says Muscat delivers. Malta is waiting earnestly for Muscat to deliver but no his interest is to become the youngest prime minister despite that he approves of the budget. Come next Monday and Muscat hopes that Franco will do him a favour. We have to wait and see. Whatever happens the PN will be remembered of proposing a budget which PL turned down and the electorate will judge.
carlos ellul
Dec 8th 2012, 00:20
Franco and the pl had been asking Gonzi to let the voters to judge for months. Strangely enough the PM refused to do that, by saying hes got the majority in parliament. If thats true then he wont have any problems at all and the budget will pass easily. If not then he was wrong and should be held accountable.
Mario Scicluna
Dec 8th 2012, 04:57
@HENRY FENECH AZZOPARDI
Yesterday, 22:51
How many times do I have to remind you that you are grossly mistaken in this? You simply wont listen! All you do is repeat repeat like a parrot the false propaganda!
https://opm.gov.mt/ugo-mifsud?l=1
Please choose the reason of your report below: