€205 million in EU funds to reinforce Malta’s human capital

This is crucial for the country’s workforce to be equipped with a high quality skillbase

Malta's most important resource is its human capital. It is therefore crucial that the country’s workforce is equipped with a high quality and specialised skillbase, that maximises employment opportunities, while tackling ineqalities.

The European Commission has recently approved Malta’s national programme to foster the socioeconomic situation of the country in the period 2021-2027 by creating opportunities for all.

Nearly €205 million (€124.5 in EU funds and €80.5 from the national budget) under the European Social Fund Plus (ESF+) programme will invest in strengthening the national employment, education, health and social sectors by improving and adapting services in response to new and emerging needs.

In practical terms, this means that the investment will support the reduction of early-school leaving and address skills shortages through innovative teaching methods and learning tools, inclusive education for vulnerable groups – such as children with disabilities – and education and lifelong learning in key areas, including the green and digital transition.

The investment will also support jobseekers and create employment opportunities, while improving social inclusion and access to the labour market. This will be done with a focus on hiring incentives for vulnerable people – including migrants and persons with disabilities, integrated pathways for the low-skilled and long-term unemployed, the promotion of gender equality, and dedicated youth employment measures.

In addition, there will also be investment in Malta’s health, long-term care and social protection systems, through the provision of training to workers and rolling out of health research and awareness-raising campaigns.

The ESF+ investments will support Malta in achieving its 2030 social targets of raising the employment rate to 84.6%, increasing adult learning participation to 57.6% and reducing the number of people at risk of poverty and social exclusion by 3.3%.

Find out more about the ESF+ in Malta here.