MaltaPost has announced revised postal tariffs as above which will come into effect from next Monday, the 9th of September, “so as to safeguard the sustainability of the Universal Postal Service in Malta.”

In a statement, MaltaPost said that “following detailed discussions with the Malta Communications Authority, a mechanism that automatically sets tariff increases was developed.”

It went on to say that “following a period of public consultation, the Malta Communications Authority has approved the introduction of the Postal Tariff Mechanism on the 30th of August so as to safeguard the sustainability of the Universal Postal Service in Malta.”

In terms of the Universal Postal Service Obligation, MaltaPost said that it “provides several services which result to be financially loss-making, also due to year-on-year decreases in postal volumes, the effect of Brexit, the impact of the introduction of VAT on low-value items originating from non-EU countries, rising costs and other global market forces. The cumulative result is that the Universal Postal Service became financially unsustainable.”

Therefore, the Company said it “required a mechanism that would revise tariffs in a manner that addressed ongoing market challenges also taking into account reducing traditional postal volumes and increasing costs.”

1 No change. 2 For approved and printed Newspapers individually weighing up to 200 grams. An approved Newspaper is a paper that is formally recognised as such and is printed and distributed usually daily or weekly or monthly and contains news, articles of opinion, features and advertising and is published by a recognised Media House that publishes Newspapers.

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