Other Measures

Malta Budget 2024

Visit this year's other measures

  • A one-stop shop which offers services that encourage start-ups and help them with Malta Enterprise (or similar) schemes will be launched. The EU Start-Ups Summit will also be held in Malta, and a new business incubation centre will be set up.

  • Primary schools will again be provided with fresh fruit and vegetables, and the one-tablet-per-child scheme has been extended. A new laptop will be given to students in Year 7. Scholarships and programmes for tertiary education will be strengthened, and works will start on the new ITS campus.

Barista opening restaurant
  • Cash grants of around €40 million will be offered to SMEs under the Business Enhance schemes. The Digital Innovation Hub will help with the digital transformation of SMEs and Start-Ups through artificial intelligence, Cyber High Performance Computing and cloud solutions, and cash grants to this end are increasing. 

  • Cutting down on bureaucracy continues. A newly-formed committee will work with stakeholders on the right to have a basic business bank account, and a Credit Review Office will try to balance the interests of commercial banks and their clients on loan applications.

new clinics
  • Initiatives to strengthen the gaming and film industry are ongoing, including targeted training programmes. Similar initiatives to strengthen the aviation and shipping industry continue, including the introduction of new niche markets for drones and other electrical aircraft used for cargo. Other sectors (including the manufacturing sector) will be offered help for upskilling of their workforce.

  • Land will be released for new and expanding factories, and commercial outlets that are State-owned will be able to renew their leases.

  • The Courts and justice system are in line for significant investment financed by the Recovery and Resilience Plan and reform.

Vaccine against COVID-19
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