Here is a quick recap of the main points from yesterday’s Budget 2024.
In a parliamentary sitting, Finance Minister Clyde Caruana read out the text for Budget 2024 and how the government plans on spending and investing in the upcoming year.
Some of the most notable points include a wage increase of €12.81 per week, a stipend increase of €64 per year, a €15 increase per week for pensioners, as well as a continuation of energy subsidies.
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During the speech, the Finance Minister also revealed that a €10,000 grant increase for first time buyers purchasing UCA or vacant property in Gozo will be issued.
Furthermore, parents are set to receive €500 for their first child as well as up to €1,000 for every other child. Special allowances for continuing education beyond mandatory age was also announced.
For more on the Budget 2024 pledges, visit MaltaDaily.mt for further information.
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