Prime Minister Robert Abela on Wednesday announced that the COVID-19 wage supplement, a lifeline for businesses worst impacted by the pandemic, will be extended throughout April under its current form.

It was due to expire in March, and, with the number of active cases back on the rise, and the resulting impact this can have on economic activity, the extension will be met positively by those still benefiting from it.

The wage supplement is disbursed based on a tapering system, with worst-hit companies in terms of revenue receiving the full €800 monthly supplement per employee.

Dr Abela, speaking at a party event in Msida, thanked the resilience shown by the private sector throughout the pandemic, adding that with a Labour Party in Government, the business community knows where it stands.

He also heavily refuted claims that tax-refund cheques currently being disbursed to local tax-payers was not an electoral gimmick, evidenced by the cheques disbursed by Labour Governments on an annual basis, promising to keep doling out cheques every year.

Dr Abela also heavily refuted claims by the Opposition Leader that a Labour Government would ask businesses to repay the COVID wage supplement, topping almost €800 million in total so far, back to the Government within a period of five years.

Related

ITA Airways

ITA Airways launches new direct route connecting Malta to Milan Linate

February 23, 2024
by Fabrizio Tabone

The airline also plans to introduce daily flights between Rome Fiumicino and Malta by June

Public Contracts Review Board rejects bidder’s appeal, paving way for works on waste-to-energy plant to take off

February 23, 2024
by Anthea Cachia

The appeal process delayed the project by 122 days

2,517 online scams reported in 2023, more than double 2022’s figure

February 23, 2024
by Fabrizio Tabone

Home Affairs Minister Byron Camilleri notes that education and awareness are the best tools to combat such threats