2024 Cola Increase Malta 2024

2024 Cola Increase Malta 2024. Cola (cost of living increase) is set to increase to €12.81 per week (€9.90 last year) for all employees, pensioners and people receiving social benefits; The additional cola payment for vulnerable households will start being paid out by the end of this year, finance minister clyde caruana has announced in the.

The cost of living adjustment for 2024 in malta is €12.81 per week, as announced by finance minister clyde caruana. “if the current rate of inflation persists, an increase in cola of €13 for 2024 will definitely have an adverse effect on many businesses,” said joe farrugia, director of the malta.