Finance Minister Clyde Caruana has announced that the cost-of-living adjustment (COLA) for 2027 is expected to be “around €5,” providing a modest increase to help offset rising expenses. The statement, made during a recent press briefing, underscores the government’s ongoing efforts to support households amid inflationary pressures. Details on the final calculation and its impact on wages and social benefits are anticipated in the coming months.
Cost of Living Adjustment Expected to Ease Financial Pressure in 2027
Finance Minister Clyde Caruana announced that the cost-of-living adjustment (COLA) for 2027 is expected to be approximately €5, signaling a potential relief for many households facing rising expenses. This adjustment reflects updated economic assessments projecting a moderation in inflationary pressures compared to recent years. The move aims to balance safeguarding citizens’ purchasing power while maintaining fiscal responsibility as Malta…
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Author : Charlotte Adams
Publish date : 2026-10-06 16:50:00
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