3 – 9 January 2001

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Chamber of Commerce shocked over VAT incorporation
Labels move nonsensical and competition-distorting

Morale and efficiency-boosting wage 'incentivisation' for public service employees
By David Lindsay
Finance Minister John Dalli's budgetary incentive to improve job performance within the notoriously resource-unfriendly public sector will come into effect with this month's paycheque, in the form of an overall 15% increase in government expenditure for public sector salary increases.

Equities rise in 2000, anxious investors left devalued
Trading on the Malta Stock Exchange this year has been interesting and varied but perhaps not quite as varied, or as interesting, as many would have hoped.

Consumption taxes up 22 per cent
Total Expenditure amounted to Lm630.3 million (or 87.8 per cent of the approved Estimates). Public Debt Servicing costs for the period under review went up by Lm6.0 million or 10.9 per cent.

The Business Times, Network House, Vjal ir-Rihan San Gwann SGN 07
Tel: (356) 382741-3, 382745-6 | Fax: (356) 385075 | e-mail: editorial@networkpublications.com.mt