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National reform programme 2008-2010 Malta - European Commission

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Introduction<br />

The renewed Lisbon Strategy aims ‘to make Europe the most dynamic and competitive<br />

knowledge–based economy in the world’. <strong>Malta</strong>’s first NRP 2005-<strong>2008</strong> proposed 54 concrete<br />

measures designed to improve <strong>Malta</strong>’s economic growth rate and employment opportunities<br />

under 5 strategic thrusts, namely:<br />

• Sustainability of public finances;<br />

• Competitiveness;<br />

• Employment;<br />

• Education and training; and<br />

• Environment.<br />

During the first cycle of the NRP, <strong>Malta</strong> has managed to achieve a number of positive results<br />

in a number of sectors. Such achievements include: improved fiscal position, Euro adoption,<br />

reduction in unemployment, the introduction of incremental measures in pensions <strong>reform</strong>,<br />

taxation measures, ICT, tourism and FDI.<br />

In the second cycle of the NRP, the Maltese Government will focus on the priorities<br />

highlighted by the <strong>European</strong> <strong>Commission</strong> in its country specific and general recommendations<br />

as well as on addressing the national issues which contribute towards <strong>Malta</strong>’s<br />

competitiveness.<br />

The main thrusts which will be addressed within the next three year cycle include:<br />

• Unlocking business potential;<br />

• Investing in knowledge and innovation;<br />

• Energy and climate change; and<br />

• Investing in people and modernising labour markets.<br />

Addressing these thrusts will contribute towards improving <strong>Malta</strong>’s competitiveness.<br />

Competitiveness is a key driver for a better quality of life as it fosters increased employment,<br />

better levels of earnings. <strong>Malta</strong>’s NRP is not a document which belongs solely to Government<br />

– it is a document which is important to many stakeholders and even to each and every<br />

citizen. In fact, the Maltese Government has carried out a public consultation exercise with a<br />

view to seek the views and opinions of the widest audience possible with a view to<br />

encompassing all positive ideas whilst steering <strong>Malta</strong> towards more competitive levels. This<br />

methodology is in line with Government’s commitment towards intensive public dialogue on all<br />

its <strong>programme</strong>s and initiatives.<br />

The NRP will guide <strong>Malta</strong>’s strategic development for growth and jobs for the period <strong>2008</strong>-<br />

<strong>2010</strong>. All the measures put forward within the NRP will be undertaken whilst ensuring that the<br />

sustainability of public finances. It is intended to build on what <strong>Malta</strong> has already achieved<br />

and to move further and farther.<br />

This document is made up of three main sections, namely:<br />

• Part A - <strong>Malta</strong>’s <strong>National</strong> Reform Programme 2005-<strong>2008</strong> Closure Report;<br />

• Part B - Addressing <strong>Malta</strong>’s Specific Recommendations; and<br />

• Part C - <strong>Malta</strong>’s <strong>National</strong> Reform Programme <strong>2008</strong>-<strong>2010</strong>.<br />

<strong>Malta</strong> <strong>National</strong> Reform Programme <strong>2008</strong>-<strong>2010</strong> - 1 -

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