#budget

A fourteen-fold increase in civil service positions from what was initially projected has been provided for in the 2024 state budget, the bulk of which are teachers, it emerged on Friday. ...

During a House finance committee meeting on Monday, Deputy Tourism Minister Costas Koumis revealed projections of record-breaking revenue close to €3 billion from tourism in 2023, while presenting the deputy ministry’s ...

The attorney-general on Tuesday suggested the public should manage their expectations regarding new prosecutions in relation to the ‘golden passports’ affair, where to date just one case has been brought ...

The annual budgets for the ‘prime minister’s’ office and public broadcaster BRT passed through the committee stage of the north’s ‘parliament’ on Friday evening. The pair of committee ...

Ersin Tatar’s office is set to be given a 318 million TL (€10.3m) budget for 2024, as part of the north’s ‘state’ budget begin to be discussed in ‘parliament’. The ...

The north’s ‘state’ budget for 2024 will be set at just over 78.7 billion TL (€2.6bn), ‘finance minister’ Ozdemir Berova said on Tuesday. Berova was speaking to public broadcaster BRT, and ...

The proposed Government budgets for 2024 to 2026 presented to the House of Representatives in early October 2023 are once again self-serving in that the short-term financial and political interests of the decision-making ...

The finance ministry on Tuesday reminded municipalities and sewerage boards to prepare their budgets for the first half of 2024 “with prudence and rationality” given the coming transition to the new ...

Despite complaining about wasteful expenditures, MPs on Thursday gave the nod to the government’s second supplementary budget for fiscal year 2023. The €361 million budget bill passed with 45 votes for, and ...

Parliament on Thursday greenlit a supplementary budget of €58,280 for the rental of additional space for the Cyprus News Agency in Aglandjia. It was detailed to parliament that the sum includes €33,280 ...

The Cyprus News Agency (CNA) requested an additional budget from the house interior committee on Thursday, citing the need to rent more office space. According to what was filed to ...

The House education committee was held under a tense atmosphere on Wednesday, after the auditor general accused the University of Cyprus of trying to mislead parliament over its budget. This ...

The current transport ministry’s budget is the highest in its history, with €3.1 billion worth of projects completed or underway, Transport Minister Yiannis Karousos said during the presentation of his ...

The House on Thursday gave the nod to the state budget for fiscal year 2023, in what was parliament’s final act of the year before going into mandatory recess ahead ...

The social welfare budget for 2023 amounts to €620.5 million, marking a €4.6 million increase from the previous year, deputy minister of social welfare Anastasia Anthousi said on Friday. Presenting the budget to ...

Justice Minister Stephie Dracou on Friday listed seven strategic goals as part of the presentation of her ministry’s 2023 budget to the House finance committee. The goals concern justice, prevention ...

Stakeholders will start the debate on the 2023 state budget at the house finance committee on Monday, with final decisions expected in early December. In a challenging international economic environment and ...

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 two years, an auditor-general’s ...

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 a €43,000 allocation to a foundation ...

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 on mass rapid tests for ...

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 situation and the fallout from the ...

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 voted by ruling Disy, Diko, Dipa, and independent ...

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 three parties number enough ...

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 to achieve the country’s environmental ...