The Malta Independent 18 May 2024, Saturday
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Efforts to attract investment from rarely tapped sources – PM on USA visit

Sunday, 13 November 2016, 10:09 Last update: about 9 years ago

Prime Minister Joseph Muscat said that the government is seeking boost investment from rarely tapped sources, such as the United States of America.

Backing up this statement, he referred to the €100m investment by the US-based Crane currency printer. Dr Muscat’s comments came during a short interview with One Radio this morning.

He announced that more investment decisions from the US are to be expected in the coming months. Dr Muscat was recently on a visit to the USA, with much speculation surrounding his trip.

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In order for Malta to continue the fast paced economic growth that it is currently experiencing, enjoying the ranking of fastest growing economy in the EU, investment decisions such as Crane currency and those being announced in the coming months are key to keeping up the momentum.

This, would allow the government to continue distributing wealth to all, he said.

In an unrelated note, he also Dr Muscat made particular emphasis that the current administration is not, as some have said, part of the establishment, but one that champions much-needed change.

Dr Muscat slammed the opposition for having an aversion to change, illustrated by its opposition to healthcare reform that has seen long-standing issues such as medicines being out-of-stock being a thing of the past.

He said the opposition's resistance to change was also evident in its positions over reforms in civil liberties.

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