If we are to speak about Return on Investment about public funding, it is in my self-interest to point out at the prospective debate of the ROI of the tourism-media rent-seeking circuit.
The government subsidises the tourism industry in various ways especially by subsidising airlines like Ryanair to bring millions of tourists in Malta via cheap airline tickets. Most of these tourists on these low-cost flights are also small spenders so the government needs to voluminous numbers to potentially make these subsidies feasible and profitable.
Meanwhile, the government also spends of millions of Euros every year via the Malta Tourism Authority in events to attract the low-income spenders such as young students. Many of these subsidies go to Labour Party contractors or affiliates and this website along with others like The Shift News have also recorded many stories about these subsidies.
In turn, these government subsidised-events are also held in locations owned by other Labour Party affiliates in different ways such as via the media industry. Here below is footage from the Attard/Rabat area taken by a resident during 03.52AM of the Gianpula grounds where many government-sponsored parties take place. The owner, Roger Degiorgio is also the co-owner and founder of MaltaToday with Saviour Balzan.
Today, local-residents have to live with many of the consequences of this type of economy: the mass-cheap-tourist economy that has created congestion and a precarious industry for Third-Country-Nationals and slave-labour. Only a select few are getting rich from this economy and some of them are doing so by directly receiving public funding while the jobs that are created as a result are mostly in the slave-labour category.
What is the ROI from all of this?
Website Editor
Historian and Publisher
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