17th March, 2025
Momentum Unveils 17 Policies for Malta’s Economic Advancement
Momentum Chairperson Arnold Cassola yesterday announced the release of the party’s highly anticipated economic policy platform, outlining 17 policies for a prosperous and a more equitable future. The detailed policies are now available for public review on:
These policies are the culmination of an innovative and collaborative process, beginning with a “vision circle” where community members shared their concerns and aspirations for the country’s economic landscape. This grassroots foundation was then fortified by expert analysis and refinement, ensuring a robust and practical approach to addressing the challenges facing our economy.
“We believe that a fair economy is built from the ground up, by empowering individuals and communities,” stated Momentum Chairperson Arnold Cassola. “Our economic policies reflect the voices of our citizens, coupled with sound economic principles, to create a sustainable and inclusive path to prosperity.”
Key highlights of the Momentum Party’s economic platform, as outlined by Chairperson Cassola, include:
- Ensuring a Decent Living Wage: The Momentum Party proposes raising the minimum wage to €360 per week to reduce poverty, improve quality of life, and promote a more just and equitable society.
- Rewarding Integrity with Tax Compliance: Implement measures to reward businesses and individuals with a proven record of tax compliance, fostering a culture of fiscal responsibility.
- Taxing Second Vacant Properties: Implementing a tax on vacant residential propertiesu (excluding the first) to discourage holding empty properties, lower market prices, and generate funds for social housing projects. In practice, all residential homes, all rented properties and the first vacant property remain untaxed.
Momentum’s commitment to transparency and public engagement extends beyond the written policy document. A short video introduction to the economic platform is also available, providing further insight into the party’s vision and approach. This video can be accessed at https://youtu.be/oKvrQNQR3VY
“We encourage all citizens to explore our economic policies and join the conversation,” added Chairperson Cassola. “We are confident that these policies offer a clear and compelling path towards a brighter economic future for all.”
Momentum welcomes media inquiries and opportunities to discuss these policies in detail.
