The Central Bank has revised its GDP growth forecasts for Malta upwards, projecting 4.9% growth in 2024, followed by 3.6% in 2025 and 2026, and 3.4% in 2027. This marks an improvement compared to its previous estimates. The revision reflects updated national accounts data, particularly for 2023. Growth is expected to be driven by rising domestic demand and a gradual recovery in private investment, with net exports also contributing, though to a lesser extent. Unemployment is forecast to remain just above 3%, with a tight labour market supporting wage increases. (Times of Malta)
Scott says ‘Do not visit Malta’ comment was a joke
Ridley Scott has clarified his recent remark about Malta, stating that his comment about the country being a poor holiday destination was “an attempt at humour that unfortunately missed the mark.” The Gladiator II director described Malta as “a jewel in the Mediterranean” and expressed his eagerness to return. Scott, 87, is a renowned filmmaker with four of his movies—White Squall, Gladiator, Gladiator II, and Napoleon—filmed primarily in Malta. The controversy arose after Scott told fellow director Christopher Nolan during an interview that while Malta is rich in architecture, he “wouldn’t advise going there on holiday,” eliciting laughter from the audience. (Maltatoday)
MPT to cover costs to repatriate bus driver’s remains
Malta Public Transport has pledged to cover all costs for the repatriation of bus driver Hussain Shah’s remains following his tragic death in a traffic accident on 23 December. The company has informed Shah’s family of its commitment to handle all expenses for returning his body to his home country. Shah, who had been employed as a bus driver in Malta this year, previously worked as a driver in the United Arab Emirates before relocating to the island. (TVM)
