COVID-19 Third Financial Package: Wage Assistance For Employees

Businesses impacted by the COVID-19 pandemic may further avail from a third set of Governmental economic measures which have been announced by Prime Minister Robert Abela yesterday evening. This third financial package is estimated to cost €70million per month and will apply retrospectively as from the 9^th March 2020.

The quantum of financial support granted by the Government will depend on the classification of the respective business under a sector which is deemed to have been critically hit by COVID-19 or otherwise.  The business sectors falling under each category (critically hit vs. non-critically hit) are outlined below.

Financial Aid - Businesses sectors critically impacted by COVID-19