The Faculty for Social Wellbeing has been following media coverage on a study carried out by Caritas Malta, which indicates price hikes, especially on basic food products. We find this issue disconcerting and serious. Whilst we understand that there are external factors that may be contributing to the spike in prices, and that are not necessarily of our own making, we still want to express our concern on this matter.
As a Faculty, we advocate for a stronger social policy that protects the most vulnerable in our communities and those who are more likely to get affected by these mammoth price hikes. To ensure sustainable communities we need to incentivise an economy that keeps focusing on the human person rather than consumerism, we need to continue to support NGOs so that they may provide the much-needed respite to isolated populations in our community and we need to design a national strategy that will bring together all stakeholders to help tackle this growing problem. We know as a fact that once prices start rising there is a danger that like an avalanche this could bury the most vulnerable alive.
As a Faculty we are putting at the disposal of our society all the resources we have, research, scholarship and expertise for the benefit of the State to help tackle this issue.