During the 2026 Budget Speech, the Minister of Finance and Employment announced that the Cost of Living Allowance (“COLA”) for the year 2026, has been set to €4.66 per week. This represents a decrease of €0.58 per week when compared to the previous year, during which the COLA stood at €5.24 per week (2025).
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Malta Budget 2026 – Cost of Living Allowance
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