At a press conference held on the 8th June 2020, the
Prime Minister, the Finance Minister and the Minister for the
Economy, Investment and Small Businesses rolled out a recovery
package aimed at continuing to support and regenerating the Maltese
economy post COVID-19. The economic recovery plan focuses on the
reduction of business costs, the stimulation of domestic
consumption and measures supporting investment.
A summary with selected highlights from this economic recovery
package is set out below.
COVID-19 Wage Supplement Extension
The all-important Wage Supplement will be extended until the end
of September 2020 with the following changes:
- In the case of businesses involved
with tourist accommodation, travel agencies, language schools,
event organisation and air transport), the Wage Supplement will
remain the same until the end of September i.e. €800/month for
full-time employees and €500/month for part-time
employees;
