Factsheet for case MT-2020-24/1174 – measures in Malta
|Country||Malta , applies nationwide|
|Time period||Open ended, started on 08 June 2020|
|Type||Other initiatives or policies|
Promoting the economic, labour market and social recovery
– Support for spending, stimulus packages
|Author||Luke Anthony Fiorini (University of Malta) and Eurofound|
|Case created||23 September 2020 (updated 24 September 2020)|
COVID-19 had a marked negative financial impact on several sectors in Malta. By means of a tripartite agreement, a package of measures to save jobs and organisations was agreed and announced by the Government on 24 March 2020. Amongst the measures in this package, wage subsidies were offered to sectors which were worst hit. During a 'mini budget' announced on the 8 June 2020, which aimed to regenerate Malta's economy, Government announced another package of measures. Some of the measures within this package aimed at stimulating the import and export sectors which suffered during COVID-19.
Several measures to support import and export were implemented. These include:
Refund in port charges: A refund of 33% in port charges will be given for ships bringing in cargo to our country to support the supply chains that effect Malta's economy.
Refund in container discharge fees: A 10% refund will also be given on container discharge fees for import and export but not transhipment.
Support for digital promotion of export of goods and services: To aid exporters to reach new markets, a fund to support digital marketing was introduced. Trade Malta has been allocated a budget of €400,000 to reimburse half of the costs involved in campaigns aimed at foreign markets, with a maximum cap of €25,000 per undertaking. The scheme can be used to benefit:
No information available.
||Applies to all businesses||Does not apply to citizens|
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Form||Direct consultation outside a formal body||Direct consultation outside a formal body|
Social partners' role in the implementation, monitoring and assessment phase:
By means of a tripartite agreement, a package of measures to save jobs and organisations was agreed on 24 March 2020. This was the third but most significant package of measures announced by the Government. Following this agreement, social partners remained in direct contact with the government highlighting their proposals of what was felt was still necessary to save the Maltese economy and jobs. In view of this, on the 8 June 2020, the government announced a 'mini budget' to help the Maltese economy to recover from the effects of the COVID-19 pandemic. Essentially, this was the fourth package of measures announced by the government. The current measures formed part of this package.
The fourth package of measures, of which the current measure formed part of, received public support from an array of social partners. Those positive and vocal about it were primarily business associations, including the Chamber of Commerce, the Chamber of SMEs, the Malta Employers' Association, the Malta Hotels and Restaurants Association (MHRA), the Malta Developers Associations (MDA), and the Association of Catering Establishments. Reactions specific to the measures related to import and export were not identified.
Eurofound (2020), Measures to support import and export, case MT-2020-24/1174 (measures in Malta), COVID-19 EU PolicyWatch, Dublin, http://eurofound.link/covid19eupolicywatch
Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process. All information is preliminary and subject to change.