2024 Cola Increase Malta Government. The allowance was introduced to provide additional income. 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.
It was explained in a statement that as a result, the amount of 6.41 euro per week will be added to the collective agreement increases for 2024, in order to reflect. In a recent update, finance minister clyde caruana announced that the cola for 2024 will amount to €12.81 per week, marking a significant increase of nearly 30% compared to.
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