ĠEMMA is running a financial capability education campaign that is co-financed under the European Social Fund. The campaign is directed towards 14 different categories of persons. The campaign seeks to educate persons, within a specific population cohort on the financial capability skills and knowledge that are best suited to them. Resulting-in that they are in…
On the 8th of June 2020, the Maltese Government announced an economic regeneration plan aimed to revive Malta’s economy after the COVID-19 pandemic-induced economic slowdown. Following the announcement of such plan, the Maltese Government recently launched details relating to the Rent and Electricity Refund Scheme. Over 20,000 enterprises that have been granted the COVID Wage Supplement will be able to apply for a…
During a meeting with the Malta Chamber members, Prime Minister Robert Abela announced that both wage supplement and government vouchers would continue until the end of October. These were initially both valid until the end of September. The wage supplement which came into effect last March, of €800 or less depending on eligibility, is the…
It is crucial to understand how the 10% social security contribution you pay monthly as an employee works. A wrong understanding of how this works can affect your decision making for retirement negatively. The 10% social security contribution is paid on your average gross wage only. This means that you do not pay any contribution…
ĠEMMA is running a financial capability education campaign that is co-financed under the European Social Fund. The campaign is directed towards 14 different categories of persons. As part of its, campaign ĠEMMA has launched the following Handbook titled ‘Kief tieħu ħsieb flusek jekk id-dħul tal-famila huwa baxx’ directed towards persons in low employment income. The…
Before, life expectancy was such that enjoying a long retirement was not possible. In fact in 1960, the life expectancy of a Maltese male person was of 66 years, whilst that of a female was 71 years. Today, in 2020, the life expectancy is 79 years for males and 84 years for females. We are…
The poster sets out the key message of the campaign. We at ĠEMMA encourage you to print any one of these posters and circulate them to people you know – like your butcher, stationery, grocer, etc. This results from the fact that persons who are employed with a family business receive a low wage. At…
In late July, the HSBC Malta Foundation invited the ĠEMMA team to participate in a webinar directed towards HSBC staff to introduce the ĠEMMA Know, Plan, Act government initiative on financial capability as well as to present the Pulse Survey ĠEMMA is currently carrying out on Household Money Management. This is one other initiative that…
ĠEMMA and BOV is holding a Webinar on 26th August 2020 on students in further education and money management and student loans. Do you have children who will be following further education, particularly, overseas? Will this be their first experience in living alone abroad – in managing a budget, renting a place, handling day to…
Ministry for the Family, Children’s Rights and Social Solidarity – ĠEMMA Ministry for Education and Employment – Directorate for Learning and Assessment Programmes Financial Capability Education Fun Books Competition ĠEMMA Know, Plan, Act within the Ministry for the Family, Children’s Rights and Social Solidarity and the Directorate for Learning and Assessment Programmes within the Ministry…
