Bulletin 01

COVID-19 Impact on Periti

As the worldwide coronavirus crisis continues to impact on various sectors of the global economy, its impacts are beginning to be felt in Malta too. Various sectors have already been made to grind to a halt, and Government has announced various measures to deal with the fallout. The measures appear to be primarily immediate measures to deal with redundancies, the deferral of certain fiscal payments, the concept of burden sharing, and flexibility between employer and employees.

This approach aligns with a comprehensive set of proposals put together by the Kamra tal-Periti together with the Chamber of Advocates, the Kunsill Notarili ta’ Malta, the Dental Association of Malta and the Malta Institute of Accountants. A preliminary submission was made to the Prime Minister on 23rd March, and a meeting has been requested to elaborate further. So far, no date has been set. These proposals are targetted at the whole of the private sector which employs around 162,000 people, of which the professions represented by these five organisations represent some 10,000 persons.

Survey Results

In order to bolster our proposals, each organisation is reaching out to its members to keep tabs on the situation as it develops. The results of the first two surveys is summarised below.