Prime Minister and Labour Party Leader Robert Abela said a Labour Government has a clear vision to continue strengthening Malta’s economy, creating quality jobs and investing in families, youths and pensioners.
Speaking during a political activity, Dr Abela said Malta had managed to attract strategic investment in sectors including semi-conductors, fintech and financial services due to the country’s economic stability and credibility. He stated that these investments are creating quality careers for young people, particularly in science, technology, engineering and mathematics.
The Prime Minister outlined several social and economic measures, including more investment in education and mental health, increased stipends, tax exemptions for youths entering the workforce and additional support for first-time buyers, self-employed workers and small businesses.
Dr Abela also announced measures related to pensions and social security contributions. He said spouses would be able to transfer unused social security stamps to help improve pension eligibility, describing the measure as a way to address injustices experienced by some families over the years.
He also referred to the widening of IVF laws introduced by the Labour Government. Dr Abela added that the Government plans to continue extending these laws to cover more genetic conditions.
The Prime Minister said the election choice is between “a team with experience and credibility” and others who, according to him, “do not have a credible economic plan.”
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