Budget 2018 with some of the Government’s plans for Gozo
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Budget 2018 was presented by Finance Minister Prof. Edward Scicluna this evening, in the House of Representatives, the first of this legislature
Some of the main highlights that have been announced in the Budget for Gozo are shown below and which may be updated:
There will be further investment to upgrade the reverse osmosis plants, with a new desalination plant to be built at Hondoq Gozo, “thereby guaranteeing supply of potable water to Gozo residents.”
A new school is to be built in Victoria.
A Master Plan is to be drawn up for the holistic embellishment of Xlendi and Marsalforn.
Scheme announced for refurbishment of tourism establishments in Gozo.
As an incentive for the private sector, the Government will refund 30% of the salary, up to a maximum of €6,000, to employers offering workers a 3-year contract.
MicroInvest assistance will be increased to 70,000.
Malta-Gozo tunnel: Seismic investigations are still ongoing.
On property purchased in Gozo, the duty will remain at 2% for a further year.
A new multi-purpose hub business centre will be established at the Xewkija Industrial area.
Installation of an alternative fibre optic cable and digital connection, “which would enable the establishment of further IT-related jobs in Gozo.”
In Gozo and Malta:
All students aged between 16-29 will get free of charge Tallinja card
Pensions will be increased by €2 per year, while persons aged over 75 and live in their own homes will receive a €300 grant, with the amount of tax-free income rising to €13,000 for pensioners.
Workers will receive an extra day’s leave, and a pay increase of €1.75 in line with the cost of live. Minimum wage earners will see a pay increase of €3 per week.
A link to the full Budget speech, which is only in Maltese at the moment, is here.
Photograph: DOI/Omar Camilleri