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Cyprus submitted Draft Budgetary Plan 2022 to Eurogroup and EC

18/10/2021 09:02

Cyprus` Ministry of Finance submitted to the Eurogroup and the European Commission the Draft Budgetary Plan (DBP) 2022 of the Republic of Cyprus as approved by the Cabinet.

According to an announcement by the Ministry of Finance, the DBP 2022 is submitted in accordance with Regulation 473/2013, in the framework of the economic governance of the European Union, as defined in the program of the European Semester.

The DBP 2022 presents the autumn macroeconomic and fiscal forecasts of the Government for the years 2021-2024, as well as the progress of Cyprus regarding the Special Recommendations of the Council of last June.