Cyprus Mail

President to present budget for ‘Cyprus-Tomorrow’ plan

Πρόεδρος Δημοκρατίας – Τελετή υπογραφής σύμβασης για την ηλεκτρονική διακυβέρνηση στα σχολεία

President Nicos Anastasiades is set to present the expected economic and social transformation of the country within the €4.4 billion Cyprus Tomorrow plan at the presidential palace on Tuesday at 7pm.

During the event, which will be attended by representatives of relevant institutions and organisations, Anastasiades will present the important reforms, social policies and development projects implemented or planned within the framework of the plan in the sector of welfare state and inclusive society.

According to a statement released by the director of the President’s press office Andreas Iosif, Anastasiades will also present additional details regarding the implementation of the minimum guaranteed Income, the benefits policy, the support to low-income pensioners and vulnerable groups of the population, as well as persons with disabilities, the provision of assistance to children, women and families, and the broader housing policy.

The Cyprus Tomorrow’s budget of €4.4 billion, excluding the expenditure of the annual budgets, covers the period 2021-2026. According to the government statement, “it is a comprehensive economic and social transformation of the country to keep pace with the requirements of the modern era, in an environmental and digital adaptation and development.

“The entire economy and society will benefit, since, in addition to a projected seven per cent increase in gross domestic product, the implementation of the plan’s funds is expected to create over 11,000 new, well-paid jobs,” the government added.

Related Posts

Kanari orders study into rural health services

Nikolaos Prakas

Metsola says EP position on Cyprus ‘unwavering’

Nikolaos Prakas

President to host fire and flood prevention meeting in October

Staff Reporter

Cyta postpones Polis works that would have interrupted services (Updated)

Iole Damaskinos

Well-known Cypriot ‘mouth painter’ Kyriacos Kyriacou dies

Jean Christou

Self-care Lab coming to AG Leventis Gallery

Eleni Philippou