Incentives for electric car buyers of up to €12,000

Oct 24 2022

Addressing the 2023 Budget, Finance Minister Clyde Caruana revealed that the government will continue to give incentives to those buying electric cars.

All persons who buy an electric car, including motorcycles, will be entitled to €11,000, which can rise up to €12,000. The amount will go up in case the scrapping scheme is utilised.

The grants on plug-in hybrids were revealed in last May, but everyone who ordered a plug-in vehicle up until May will have a guarantee even if the vehicle has not yet arrived in Malta and will arrive in 2023. The guarantee will reach up to €11,000. The entire spending on this measure will reach up to €20 million.

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Traffic triumph? More road officials & less services before 9AM

Oct 24 2022

Malta’s 2023 budget document has addressed the country’s ongoing struggle with traffic, identifying traffic congestion as one the country’s main challenges.

“Beyond continuing to work to have more officials in our roads, we will open a wide discussion with the concerned stakeholders so that a number of services in our roads aren’t given before 9AM. During rush hour, vehicles offering such services should not be on our roads.”

Malta’s traffic situation has been a controversial topic for many years, with the public being outspoken in its call for improvement.

As of October 1st 2022, Malta echoed European Union counterpart Luxembourg in its provision of free public transport for all.

What do you make of this measure?

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Photo Source: Nabeel Syed / LESA Malta

Maltese schools to work towards one P.E. lesson every day as part of pilot project

Oct 24 2022

During the Budget 2023 event, it was revealed that the Maltese government is currently studying a pilot project which aims to initiate a model by which Maltese schools will have one P.E. session every single day.

The Minister also revealed that the government will see to an increase in the minimum amount of time dedicated to P.E. lessons.

Back in May, a study conducted by Eurostat revealed Malta to be the most obese country in the European Union, with its obesity rate standing at 28.7%. This new model will be an attempt to decrease the obesity rate amongst youths in Malta.

Have you been following the Budget 2023?

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Pensioners to receive €650 per year in addition to COLA

Oct 24 2022

Finance Minister Clyde Caruana revealed that pensioners in Malta and Gozo will be receiving a raise of €12.50 per week included with the COLA raise.

This means that the government will increase the raise for pensioners by €650 per year, and this will amount to €65 million in the pockets of around 100,000 pensioners.

The Minister said that in critical moments in the country’s economic history, the government remains rigid in its aim too help pensioners.

The Minister also announced a Bonus for the increasing cost of living, and the process which began in 2022 will continue to help pensioners on the island.

In 2023, around 56,000 pensioner will benefit from a raise of a maximum of €1.50 per week, which is a cost of around €1.7 million.

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