Should Labour win the upcoming March election, with all surveys indicating this will happen, Prime Minister Robert Abela’s Government would offer tax credits to businesses with women in leadership roles, he said on Monday evening.
He said that his party in Government would offer up to €50,000 in tax credits to businesses that reach a specific threshold of women in senior management roles.
In addition, a Labour Government would also partially cover salaries for women aged 40 and over who are joining the workforce for the first time, covering 30 per cent of their salaries, up to €6,000 for three years.
The pledges were made one day before International Women’s Day, celebrated on 8th March.
Maltese women return to work
Malta has historically seen lower female representation in the workforce compared to other EU member states, but has seen significant ground made in this regard. In 2010, around 35 per cent of women made up Malta’s workforce, climbing to around 43 per cent by 2020, according to official national statistics.
In 2019, a total of 102,484 women in Malta were employed, amounting to around 49 per cent of Malta’s female population aged 15 and over.
Clothing and dining drive inflation uptick in March
Both categories registered an annual inflation rate of 4.3%
As anti-tourism sentiment rises elsewhere, Malta embraces British holidaymakers
As arrivals increase, the challenge will be to sustain growth without compromising quality of life or infrastructure
Finance Minister celebrates ‘critical milestone’ as Malta set for early exit from Excessive Deficit Procedure
He said the latest data 'reaffirms the effectiveness of the Government's economic strategy'