Cola 2024 Malta Hotel. Cost of living adjustment (cola) and minimum wage increase. Cost of living increase, and in its abbreviated terms, cola, is an amount of money, adjusted yearly by the government, to protect peoples’ living standards.
In 2024, this is expected to be around €13 per week, 30 per cent over the €9.90 given in 2023. Compensation for high cost of living will be €12.81 per week for workers and pensioners.
Cola For 2024 Will Be Of €12.81 Per Week, Amounting To €666.12 Per Year.
Some of the main points include:
Minister Caruana Revealed That The Cost Of Living Adjustment Will Amount To €12.81 Per.
Minister for finance clyde caruana confirmed during a business breakfast event, organised by the times of malta (tom) that the cost of living adjustment.
Cost Of Living Adjustment (Cola) And Minimum Wage Increase.
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The Payments Will Range Between €100 And €1,500 Per Family.
The payment, covering from january 1st to the end of june 2024, amounts to a total of €14.7 million.
The Cost Of Living Increase Is Obligatory.
Some of the main points include:
Minister Caruana Revealed That The Cost Of Living Adjustment Will Amount To €12.81 Per.