11/03/2003 00:55
Finance Minister, Markos Kyprianou, announced that the Ministry’s main aim is to reduce the budget deficit and reexamine the issue of government’s borrowing from the Social Security Fund.
Mr. Kyprianou told “SW” that government will follow consistently the Pre-accession Economic Program approved by the European Union and assured that the government’s policy will immediately assist in the decline of budget deficit.
With regard to the government’s borrowing from the Social Security Fund, Mr. Kyprianou said that the policy adopted by the former government was wrong, stressing that the Ministry aims at the reexamination of the issue.
Mr. Kyprianou told “SW” that government will follow consistently the Pre-accession Economic Program approved by the European Union and assured that the government’s policy will immediately assist in the decline of budget deficit.
With regard to the government’s borrowing from the Social Security Fund, Mr. Kyprianou said that the policy adopted by the former government was wrong, stressing that the Ministry aims at the reexamination of the issue.
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