National Productivity Board
The National Productivity Board was set up in 2019 to diagnose and analyse productivity and competitiveness in Malta.
The analysis takes into account the Euro area and EU aspects and addresses the long-term drivers and enablers of productivity and competitiveness, including innovation, and the capacity to attract investment, businesses and human capital. It also addresses cost and non-cost factors that can affect prices and quality content of goods and services including those relative to global competitors in the short term.
Such an analysis is based on transparent and comparable indicators. The Board engages in the independent analysis of policy challenges in the field of productivity and competitiveness and assess the effects of policy options, making trade-offs of policy explicit. The Board is composed of 11 members, comprising of a chairperson and 10 other members.
The Chairperson of the Malta Council for Economic and Social Development (MCESD) is ex officio and acts as the Chairperson of the Board. The other 10 members comprise of a senior official nominated by the Minister for Finance, a member nominated by the Governor of the Central Bank of Malta, four members nominated by the workers’ organisations constituted bodies sitting in the Council, and four members nominated by constituted bodies representing national employers’ organisations forming part of the Council.
The National Productivity Board is also tasked with the preparation of the annual report.
The full reports can be accessed at the following link: