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#CORONAVIRUSMALTA: New coronavirus financial aid package to be launched soon - minister

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New-coronavirus-financial-aid-package-to-be-launched-soon---ministerThe government is in the process of finalising a new economic stimulus package to help kick-start the economy again after the slowdown caused by the COVID-19 pandemic, Economy Minister Silvio Schembri said on Wednesday. 

He urged people to get on with their lives while taking the necessary precautions. “Life must go on. Life is too beautiful to continue being closed in a cage. More than the coronavirus itself, there is also people’s mental health and solitude, which I think is far more worrying. We allowed the reopening of shops providing certain services to encourage people to socialise again,” he said. 

Schembri was speaking following a visit to Baxter, a company which produces medical supplies, which is employing 100 more people to keep up with the increased demand. During the COVID-19 pandemic, Baxter increased its production by 20%. 

He said Baxter was a success story and testament of how challenges were transformed into opportunities. 

However, not all companies were doing well. Shops that reopened their doors just over a fortnight ago had seen very little or no business at all, with many of them saying they were better off when shut.

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ARTICLE WRITTEN BY TIMES OF MALTA
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