Cola Increase 2024 Malta. In malta, the adjustment to the cost of living (cola) is usually announced during the yearly national budgetary speech and comes into effect in january of the following year. In 2024, malta's minimum wage will be adjusted to €200.73, plus the cola that will be provided in 2024, amounting to €213.54.
The cost of living adjustment for 2024 will be €12.81 per week, finance minister clyde caruana said tuesday. Minister for finance clyde caruana confirmed during a business breakfast event, organised by the times of malta (tom) that the cost of living adjustment.