Cola Increase 2024 Malta Nagar. In 2024, the cost of living adjustment (cola) will see an increase of €12.81 per week, benefiting a wide spectrum of the population. Each year, an increase in the.


Cola Increase 2024 Malta Nagar

Each year, during malta’s budget speech, the government announces a minimum increase in salary. These measures include a €12.81 per week cost of living adjustment (cola), an increase in the income tax exemption threshold to cover 60% of pension income, revisions and harmonisation of the highly qualified.

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