Government Increase 2024 Malta. 2023 budget approved by the european commission. Following a robust economic growth in 2022, government is projecting gdp to increase by 4.1% and 4.2% in real terms in 2023 and 2024, respectively.

By january 2024, this rate will rise to €213.54 per week. The general government deficit is set to remain high from a historical perspective, estimated at 5.0% of gdp in 2023, declining to 4.5% in 2024, within the context of a.