Foreign ministry used enlightenment funding to finance marathons – audit office
The foreign ministry used funds for the enlightenment of the Cyprus problem to finance a group formed to participate in a series of marathons for...
budget
House spat over €43,000 budget allocation to a Grivas foundation, Akel files to block it
Parliament on Thursday passed the government’s second supplementary budget for fiscal year 2022, with the debate on the House floor devolving into a spat over...
House gives the nod for over €100m to ease inflation pain
The House of Representatives on Thursday greenlit the state’s first supplementary budget for fiscal year 2022, amid criticism that the government keeps wasting taxpayer money...
Finance ministry asks House for additional €102 million
The finance ministry has asked parliament to green-light an additional €102 million in government spending to deal with the continuing economic impact of the Covid...
Parliament passes state budget, Petrides says there was a will to move forward (Updated)
Following a three-day debate, parliament on Friday evening approved the state budget for 2022 with 30 votes in favour and 25 against. The bill was...
State budget for 2022 set to pass (Update 2)
The government’s proposed 2022 state budget is set to pass at Friday’s voting session as Diko and Dipa are set to support ruling Disy. The...
Coming tax reform will include carbon and fossil fuel levies, Petrides says (Updated)
The government plans to go ahead with taxation reform after 20 years, including raising the corporation rate and introducing carbon tax and fossil fuels taxes...
RES fund to tap into reserves to cover deficit
The Renewable Energy Sources Fund will turn another deficit next year, and will again need to tap into its reserves to stay afloat. The fund’s...
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....
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...
