The Malta Chamber rejects claim that businesses prefer cheap foreign labour to investment

Calls Out State Policy for Stagnant Productivity Whereas The Malta Chamber shares Minister Clyde Caruana’s concern that population growth is placing unnecessary and unsustainable pressure on Malta’s infrastructure and quality of life, The Malta Chamber begs to differ on the Minister’s claim that the private sector prefers low-cost third-country nationals (TCNs) to capital investment. It misdiagnoses the root cause of Malta’s economic bottlenecks. The Finance Minister is well aware of how the current labour market framework was built – it was a PL administration that pushed for economic growth based on foreign labour.