Bad governance: Malta is in a race to the bottom, Chamber president says

Problems of poor governance have gone out of control and need to be reined in, according to the president of the Chamber of Commerce Anton Borg. Speaking during a meeting with Opposition leader Simon Busuttil, Mr Borg said the island seemed to be on a "race to the bottom". "We are worried to read in the press of new stories about poor management of public funds, poor decisions, conflicts of interest and other issues," he said. The chamber met with the Opposition to discuss the PN's new economic policy document, Economy for the People,which was published last month. Mr Borg welcomed similarities between the document and the chamber's own economic vision. However, he also raised concerns of a lack of proposals on Malta's regional disadvantage. The island, he said, was losing out to other neighboring countries which were more competitive. Dr Busuttil welcomed the suggestion and said it was about time the country started planning for when EU funds, currently aiding the country, dried out in 2020. Weighing in on issues of poor governance, Dr Busuttil said he agreed that the country was on a race to the bottom.