Details that you need to know from Malta’s Budget 2023

Malta’s Budget for next year was revealed and these are some points that you should definitely check out!

It’s that time of the year when we eagerly wait to see what’s in store for Malta in 2023.

Here are a few announcements from Clyde Caruana’s budget 2023 speech.


Pensioners get an extra €12.50 per week

Public sector workers get a €3.50 weekly added to their wage.

Children’s allowance increases by €90 per child



First-time buyers get €10,000 over 10 years towards the payment of their home loans.

Extension of up to €12k grant for new electric vehicles



Students are set to receive a stipend increase

COLA (cost of living adjustment) is set to increase to €9.90 per week

What are your thoughts about Malta’s 2023 Budget?

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Home to award winning shows, Malta’s favourite personalities, big competitions on the radio, cool giveaways online and more! Listen to us across Malta & Gozo on FM, on DAB+ Digital Radio, Online, & on your Smart Speaker.

© Capital Communications Ltd 2022 | 243, Sliema Road, Kappara, SGN 4411

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