The European Commission called for a continuation of coordinated fiscal policies to reduce inflation to 2%, a high level of public investment, temporary and targeted support to vulnerable households...
The Cypriot economy is expected to slow down towards the end of 2022 after growing steadily during the first half of the year, according to the chapter on Cyprus from the European Commission’s Autumn...
11/11/2022
The preliminary General Government fiscal results, which are prepared by the Statistical Service of Cyprus (CYSTAT) indicate a surplus of €587,0 mn (2,2% of GDP) for the period of January-September...
02/11/2022
Fiscal deficit reached €408 mln in 2021 and the fiscal debt corresponded to 101% of GDP, the Statistical Service announced on Friday.Announcing the fiscal results for 2021, audited and verified...
24/10/2022
Cyprus’ public finances will return to surpluses in 2023 which will continue until 2027, the IMF said in its Fiscal Monitor 2022 issued on Wednesday.The IMF projects that following the deficits...
13/10/2022
Cyprus generated a fiscal surplus amounting to €379.9 million, or 1.5% of GDP, in the period of January-August 2022 compared with a deficit of €535.2 mn or 2.3% of GDP in the respective period of...
10/10/2022
The meetings of the Ministry of Finance with delegations from the European Commission, the European Central Bank and the International Monetary Fund begin today, 26-28 September 2022, in the...
26/09/2022
Cyprus Fiscal Council has said that the economy is strong and resilient, however it advises everyone to be vigilant as international challenges persist.The Council issued a press release Wednesday...
21/09/2022
The preliminary General Government fiscal results, which are prepared by the Statistical Service of Cyprus (CYSTAT) indicate a surplus of €141,8 mn (0,6% of GDP) for the period of January-July 2022,...
31/08/2022
The Finance Ministry said it will prepare the 2023 state budget in two formats, in the context of the public service’s transition to the new management system Enterprise Resource Planning (ERP)....
17/08/2022