On Monday 8th of June 2020, the Maltese Government,
led by the Prime Minister Robert Abela, Finance Minister Edward
Scicluna and Economy Minister Silvio Schembri, released a
multi-million economic stimulus package with the intention to help
Malta recover from the challenging monetary difficulties headed as
a consequence to the COVID-19 pandemic.
The abovementioned package involves measures and incentives
affecting not only the economy itself, but also other enticements
to promote the idea of raising the level of consumption of the
nation, as a whole.
The Wage Supplement Scheme
Being, as a matter of fact, the costliest financial incentive
implemented by our local government during the Covid-19 pandemic,
this scheme is to be extended to at least
September 2020.
