12-11-2024

Malta’s NAO Confirms Success of Incentive Scheme

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    VALLETTA: The financial incentive scheme, including the 40% cash rebate implemented by the Malta Film Commission proved to be successful, says a report issued by the National Audit Office (NAO) in Malta.

    The NAO report also shows that between 2018 and 2023, the Commission awarded 3.4 m EUR to local film producers through financial incentive schemes. Between September 2018 and August 2023, the commission awarded 143.8 m EUR in relation to the cash rebate scheme, according to Malta Today.