Coronavirus: Cabinet approves supplementary budget worth €148.5m
The cabinet on Wednesday approved a supplementary budget worth around €148.5m to cover additional expenditure in various sectors. The extra spending concerns €20m for support...
budget
US hikes its UN contributions for 2022, more money for Unficyp
The US State Department has proposed raising its contribution to UN peacekeeping by some $472 million for 2022, which will include an additional $5.8m for...
Low level of financial literacy among Cypriots
Four in 10 people in Cyprus do not budget for their expenses, according to a survey by the Central Bank of Cyprus (CBC) which laid...
Ministers accuse Diko of playing ‘petty politics’ during a crisis
The government on said Monday that opposition Diko offered nothing of substance and raised obstacles to policies designed to support people, as it fought back...
House passes Okypy and HIO budgets, securing Gesy finances
Parliament on Thursday passed the 2021 budgets for two agencies that are key components of the national health scheme (Gesy), also giving the nod to...
Budget passes with narrow margin (Updated)
With 29 votes for and 26 against, the House on Thursday passed the revised state budget for 2021, unlocking hundreds in millions earmarked for coronavirus...
State budget set for approval
The House on Thursday will vote on the revised state budget for this year that is expected to be approved after Edek and the Solidarity...
Cabinet authorises justice minister to make changes to courts bill
The cabinet authorised the justice minister on Wednesday to make any changes necessary to a bill on the operation of courts so that it includes...
Edek chairman to meet President to discuss budget
Edek chairman Marinos Sizopoulos will meet President Nicos Anastasiades at 10am to discuss the revised state budget for 2021, which is scheduled to be put...
‘Vital’ that 2021 revised budget be accepted
The government on Tuesday submitted to parliament the amended state budget for 2021, along with a plea to lawmakers to pass the bill so as...
Can the budgets deliver decent government policies and reforms?
By Les Manison The state budget is the main instrument for allocating resources geared to meet the government’s policy objectives and reforms. And with the...
Anastasiades tells parties if they want early elections to just say so as Diko spat continues (updated)
If opposition parties want there to be early elections, they should just say so, President Nicos Anastasiades said on Sunday. He was speaking during an...
Rejection of budget jeopardises recovery planning, Central Bank warns
The Central Bank of Cyprus (CBC) said on Wednesday that the rejection of state budget for 2021 by the parliament was a negative development that...
Push goes on for budget consensus
Continuing its push to cobble together enough votes to secure approval of a new 2021 state budget, President Nicos Anastasiades on Wednesday met Akel general...
Contacts begin to resolve budget deadlock
Contacts began Monday morning to smooth out issues related to the 2021 state budget with meetings being hosted by ruling Disy leader Averof Neophytou and...
Our View: 2020: the one year petty politics should have been put aside
The superficiality of Cyprus politics was laid bare once again this week as opposition parties rejected the 2021 state budget for no substantive reason other...
Government, small parties to continue meetings on budget
The government is expected to meet political parties next week to discuss what it will take for them to approve the 2021 state budget after...
Work starts on new 2021 budget; search continues for consensus (Updated)
President Nicos Anastasiades and ruling Disy on Friday launched a new round of contacts to convince party leaders to approve an amended 2021 state budget...
‘Worst possible time’ to reject budget (Updated)
In what was a once-in-lifetime occurrence, the House on Thursday voted down the 2021 state budget, forcing the government to submit another budget bill in...
Disy boss making last-ditch effort to avert budget rejection
Ruling Disy leader Averof Neophytou will meet this afternoon with party leaders to discuss the 2021 budget as the debate entered Day 2 at the...