As the cost of living rises and inflation impacts household budgets, the government has introduced a series of financial reforms aimed at providing both immediate relief and long-term support for families, pensioners, and low-income earners. This comprehensive package includes increased allowances, tax adjustments, and enhanced social services designed to ease financial pressures and foster economic stability....
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Finance News, NEWS Malta
November 28, 2023
Public Sector Workers COLA Boost
In a move toward equitable compensation, public sector workers are set to benefit from a €6.41 weekly increase to bridge the gap between their collective agreements and the full Cost...
Finance News, NEWS Malta
October 24, 2023
Malta’s Cost of Living Adjustment for 2024
Malta's Finance Minister, Clyde Caruana, unveiled the eagerly anticipated cost of living adjustment (COLA) for 2024. During a business breakfast organized by Times of Malta, he addressed a range of...
Finance News, NEWS Malta
October 24, 2023
A Closer Look at Malta’s Inflation Challenge
In recent times, the Maltese economy has been facing significant challenges, with inflation being a prominent concern. The annual inflation rate, as measured by the Retail Price Index (RPI), witnessed...
Finance News, NEWS Malta
September 27, 2023
Malta’s Economic Growth Forecast
Malta is poised to maintain a robust long-term economic growth trend of 4%, according to Finance Minister Clyde Caruana. Speaking during the launch of the public consultation for the government's...