COVID-19 – 3rd Malta Financial Aid Package And Measures

The Prime Minister has rolled out a new financial package which was negotiated between the Government, the Central Bank and the social partners over the past few days. The measures were unanimously approved by Cabinet and the Malta Council for Economic and Social Development. All measures announced by the Government will apply retrospectively as from 9 March 2020. The amount of support being granted depends on the extent to which business in the respective sector has been hit.

Malta Enterprise should shortly be launching an online portal to help businesses identify, according to their applicable NACE code and VAT registration number, the measures for which they qualify.

COVID Wage Supplement