Government to consider price caps on essential goods (Updated)
The government said on Monday it will look into the possibility of price caps on essential goods, in a bid to deal with inflationary trends....
budget
House gives nod to extra €92m in govt spending
The House plenum on Thursday gave the nod to an extra €92 million in government spending until the end of the year, over and above...
2022 budget will mark move to recovery
The 2022 budget will mark the move to recovery, which will cover the ground lost in 2020, Finance Minister Constantinos Petrides said on Saturday as...
Gesy budget well within estimates, HIO says
The budget of the national health scheme (Gesy) remained within initial estimates, counting €794.7m for the period of January to August despite the pandemic, an...
Budget for 2022 to be tabled by end of September
The coming months, and 2022 will be crucial for ensuring the sustainability of public finances, Finance Minister Constantinos Petrides has said. His ministry is currently...
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...
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...