| Wednesday, June 28
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Development boundaries address social needs - PM |
During a media briefing, Prime Minister Lawrence Gonzi said that the proposed extension of development boundaries will be addressing the country’s social need while numerous families who have small areas of land will be able to develop them.
The proposed development boundaries are fundamental for young couples who decide to buy property, Prime Minister Gonzi said.
According to the Prime Minister, although many criticized the proposed extensions, hardly any critique had reached the Malta Environment & Planning Authority (MEPA) which had set Friday 23rd June as the deadline for the public consultation on the development zone boundaries. This means that all recognised that the set criteria were good, he said.
During the media briefing, Gonzi that during 2005, the country’s economy saw an annual increase of 2.5 per cent.
Meanwhile, during Q1 of 2006, the rate has gone up to 3.1 per cent. These are positive and encouraging economic results, Gonzi said, which are confirmed by the European Commission’s report.
During 2005, the Gross Domestic Product (GDP) was the highest in six years. On the other hand, the deficit nearly made the Maastricht criteria at 3 per cent of the GDP, the Prime Minister continued.
During the press conference, Prime Minister Gonzi also said that Malta will be joining the European electricity system and might resort to offshore wind farms.
source: www.maltamedia.com
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posted by ^%&^
@ 1:21 PM
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