Friday, October 11, 2013

“Privatisation Unit should be dismantled”

A Privitisation victim

The Communist Party of Malta appeals to the government to do away with the Privatisation Unit created under the previous right-wing administrations. The Privatisation Unit is a Neo-liberal tool, with the aim to privatise all public entities and services.

“The Government should introduce a policy towards the re-acquiring of public entities and services that are of social and national importance. Privatisation resulted in higher prices for the consumer, social inequality, and loss of revenue to the government”.

“The increase of poverty in Malta is also a result of such privatisation. International studies show that whenever public entities were privatised the consumer had to pay more for the same service, while making good for the revenue lost. Jobs were lost and worker’s conditions deteriorated”, concluded the Party. 

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