2021 Budget Commentary

Dear Members,

In the absence on being able to hold our annual budgetary meeting in November, I have taken the liberty of drafting a commentary document that takes you through, more or less, what we would have covered had the meeting been possible. I do hope the document is a good read and that the news contained within it is a comfort to you in these unprecedented times.

Yours in golf,

Paul Stoner

Chairman

Royal Malta Golf Club

17th November 2020