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Malta Enterprise forked out lion’s share of COVID-19 cash
Malta Enterprise was government’s biggest spender throughout the COVID-19 pandemic, financing 51% of total aid announced by government
1 June 2021, 9:22am
by Nicole Meilak
Malta Enterprise was government’s biggest spender throughout the COVID-19 pandemic, financing 51% of total aid announced by government.
The National Audit Office will be reviewing the COVID-19 mitigating measures adopted by government since the start of the pandemic in 2020, exploring the volume of cash dedicated to these measures.
Malta Enterprise enjoyed the highest allocation, largely due to the €400 million wage supplement scheme. Another €400 million was set aside for investment in industrial infrastructure, including the Life Sciences Park, Kordin Business Incubation Centre, the former landfill at Marsa and other projects by Malta Industrial Parks.
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