Cola Increase 2024 Malta Government. Minister for finance clyde caruana confirmed during a business breakfast event, organised by the times of malta (tom) that the cost of living adjustment. In malta, the adjustment to the cost of living (cola) is usually announced during the yearly national budgetary speech and comes into effect in january of the following year.
The amount of โฌ6.41 per week will be added to the collective agreement increase for the year 2024, reflecting the effect of the cola of โฌ12.81 per week. The payment, amounting to โฌ14.7 million, covers the period from 1 january to the end of june 2024, with the second payment scheduled for may 2024, covering the.
Cola Increase 2024 Malta Government Images References :