The first of two supplementary Cost of Living Adjustment (COLA) payments for 2025 is set to be distributed this weekend, marking a significant step in ongoing government efforts to alleviate the financial pressures faced by households due to inflation. This initiative, alongside subsidies on energy and cereal prices, underscores the government’s commitment to providing targeted assistance to families in need....
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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, Taxation
October 17, 2023
Malta Chamber of Commerce’s Inflation Concerns
In the face of rising inflation, the Malta Chamber of Commerce has called on the government to reconsider its strategy, deeming the current approach potentially disastrous. They argue that the...