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...
budget
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...
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...
