2024 Cola Increase Malta Government Employees

2024 Cola Increase Malta Government Employees. The cost of living allowance (cola) has a long history in malta. During the unveiling of budget 2024, finance minister clyde caruana revealed that at the cost of another €350 million for malta, energy will continue to be.

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 increase, and in its abbreviated terms, cola, is an amount of money, adjusted yearly by the government, to protect peoples’ living standards.