Malta has spent all the EU funds it had been allocated, even surpassing the amount allocated under the programme Equal, according to two reports, Parliamentary Secretary Chris Said said.

Speaking during a visit to the Salini National Park, Dr Said said that the report showed that not only Malta did not lose any funds and used the maximum amount of funds at their disposal, it utilised €1.3 million more than originally allocated under the European Regional Development Fund.

Moreover, under the four Equal projects, 459 people were trained instead of the 100 originally planned, jobs were found for 130 people instead of 45 and nine small businesses were launched instead of five.

Dr Said said this was an excellent certificate for Malta because it was an example to other countries which sometimes lost the funds allocated to them by the EU.

This result was also a guarantee of the future because Malta was implementing the same strategies and systems for the 2007-2013 period.

He said that in the first 10 years of EU membership, Malta would have acquired €1.3 billion.

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