2022 Energy price controls and household subsidies
In response to the global energy crisis, the government of Malta implemented in 2022 a series of measures to shield consumers from the rise in energy prices. These include gas, petroleum and electricity price controls notably maintained through tax cuts, as well as temporary monetary transfers to households.
Specific government funding was also earmarked to compensate the State-owned company losing from the envisaged end of its fixed-price LNG long term contract, due to changing market conditions.
Want to know more about this policy ? Learn more