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Cyprus

House finance committee cancels after CBC boss tests Covid positive

Central Bank Governor Constantinos Herodotou

The House finance committee may not be able to complete discussion of the state budget by as scheduled though discussion at the plenum will go ahead as planned, starting on December 15.

On Monday, the committee had to cancel a presentation by Central Bank Governor Constantinos Herodotou who tested positive for the coronavirus.

The governor was scheduled to present the supervisor’s forecasts for the next year as part of the 2021 state budget discussion.

The debate before the plenum is scheduled for December 15, 16, and the 17th, when the budget will be put to the vote,

Committee chairwoman Christiana Erotokritou said the governor will appear before the committee as soon as he was fit. She did not rule out having Herodotou through teleconferencing if his condition allowed it.

Erotokritou said the committee had planned to complete discussion of the budget in the first days of December but “it seems we may not achieve this but we will adhere to the discussion timeframe of the budgets … before the plenum.”

“All arrangements will be made, and all possibilities and alternative solutions exhausted in a bid to stay within the timeframes we have set,” she said.

Erotokritou said the committee had yet to discuss the budgets of three ministries – health, defence, and transport – which had to be postponed because of the coronavirus.

Earlier, Herodotou announced he had tested positive in a Twitter post.

“After a tracking procedure, I tested positive for Covid-19. I remain in self-isolation and will I work from home, adhering to all relevant protocols,” he wrote, wishing also the ordeal of the pandemic to end soon for everyone.

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