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Malta Film Commission Praised For Economic Boost: Urged To Improve Transparency

Malta Film Commission Praised For Economic Boost: Urged To Improve Transparency
Nov 12 2024 Share

The Malta Film Commission (MFC) has successfully attracted major film productions to Malta, helping to generate €231.5 million in film production spending between 2018 and 2022.

This achievement has positioned Malta as a desirable destination for international filmmakers and brought economic benefits, which the NAO report recognizes as a positive return on investment (ROI) largely due to the 40% cash rebate incentive.

However, the NAO emphasizes that this rebate program—awarding a record €47 million to the Gladiator sequel—requires careful evaluation to ensure value for money and alignment with broader socio-economic priorities.

While the government asserts the rebate returns triple its investment in economic impact, the NAO report highlights governance and transparency issues within the MFC.

Notably, it points out that high spending on promotional events like the 2022 Malta Film Week lacks sufficient documentation to prove cost-effectiveness, raising questions about public fund usage.

The NAO also noted that while the MFC’s calculations on job creation and economic benefits are broadly accurate, some employment data includes retained jobs that would be lost without ongoing production activities.

In response to critiques, the MFC has taken steps to improve administrative efficiency, including hiring additional staff, and maintains that its incentives align with industry best practices.

Looking forward, the MFC aims to enhance its infrastructure and further bolster Malta’s competitiveness in the global film market, focusing on long-term benefits balanced with improved transparency and governance.

#MaltaDaily

Ramires Sciberras Takes To Eurovision Stage For Rehearsal

Ramires Sciberras Takes To Eurovision Stage For Rehearsal
Nov 12 2024 Share

Ramires Scibberas had his first rehearsal of many r in preparation for 22nd edition of the Junior Eurovision Song Contest.

The youngster’s song of choice will be “Still Ckejkna” which won hearts when he competed in Malta and will be sung in Madrid on the 16th of Novmeber.

Sciberras had the chance to test out the stage and slowly get used to the atmosphere of the stadium. Apart from busy preparations for the young prodigy, he also got to enjoy sightseeing and enjoying the sites Madrid has to offer.

Good luck Ramires! You got this!

#MaltaDaily

“Bartolo, Camilleri Should Start By Returning Fraud Money”, Says Grech

Bartolo, Camilleri Should Start By Returning Fraud Money, Says Grech
Nov 12 2024 Share

The Leader of the Partit Nazzjonalista, Bernard Grech, said that Ministers Clayton Bartolo and Clint Camilleri should start by returning the money stolen through the fraud they committed.

He made this statement during an interview with Saviour Balzan on the programme Xtra on TVM, where they discussed the case involving Minister Bartolo’s partner (now his wife), who had been given a ‘phantom’ consultancy role with a salary of nearly €70,000.

Bernard Grech recalled how, earlier in the day, Prime Minister Robert Abela had said that the fraud case was closed because he had dismissed Amanda Muscat.

Grech questioned why Abela had dismissed her if he truly believed, as he had claimed recently, that Amanda Muscat was doing her job.

“In reality,” Grech continued, “Robert Abela dismissed Amanda Muscat because he knew she was being paid for doing nothing. Therefore, he should take action against those who were paying her with public funds for no reason.”

Grech said that those responsible for the theft and fraud had no place in government and should resign. “If they don’t, Robert Abela is obliged to remove them,” he stated. However, he also pointed out that Abela is compromised, as he had said he was part of a “devil’s pact,” which prevents him from acting against those involved in these wrongdoings.

He also noted that the Partit Nazzjonalista was attracting new people, as well as individuals who had previously been distanced or sidelined, but were now coming back to share their ideas. “In this way,” Grech said, “the Partit Nazzjonalista can build a coalition with Maltese and Gozitans of goodwill who want to see a change in how things are done.”

When asked about the Party’s vision for the economy, Grech explained that the Partit Nazzjonalista has long advocated for investment in new economic sectors. He reminded listeners of the Party’s proposal to create a €1,000 million fund for economic transformation, which would help drive new sectors and evolve existing ones.

“This programme,” Grech explained, “would finance half of the capital investment of eligible enterprises that meet ESG (environmental, social, and good governance) criteria.”

Grech further added that by investing in new economic sectors that are not labour-intensive, Malta could address the challenges brought by excessive population growth.

“This would ensure that the economy continues to grow without the population continuing to explode,” he said. He concluded that a new Nationalist Government would reduce taxes for those investing to strengthen their companies, grow the Maltese economy, and leave more money in people’s hands.

Meanwhile, speaking on NET FM, PN MP Eve Borg Bonello called out the ‘two weights two measures’ that the Prime Minister, she said, used when it comes to Camilleri and Bartolo as opposed to others.

Borg Bonello said that, in the Labour Party, “you are rewarded for breaking the law, the country and for backing up your allies because it operates like a criminal organisation, like mafia.”

Borg Bonello questioned why the PM was not taking action against Bonello and Camilleri and whether “his hands were tied” for some unknown reason.

#MaltaDaily

Malta Ranks 40th In ‘Absence Of Corruption’ Rule Of Law Index

Malta Ranks 40th In 'Absence Of Corruption' Rule Of Law Index
Nov 12 2024 Share

The World Justice Report released their Rule of Law Index for 2024, with Malta featuring amongst the over 140 countries.

When it comes to ‘Absence of Corruption’, Malta ranked exactly in number 40, right above Cyprus, The Bahamas and Costa Rica.

Malta registered a score of 0.64, and ranked below Italy who scored 0.65.

Malta’s situation improved when it comes to Fundamental Rights registered in 28th place, and significantly when it came to Order and Security in 10th place.

Malta registered in 32nd place when it comes to Open Government, and 28th in Criminal Justice.

What do you make of this?

#MaltaDaily