Our View: Same old reluctance to control public spending is evident today
Presenting the state budget for 2022 to the Council of Ministers last Wednesday, Minister of Finance Constantinos Petrides informed his colleagues that the public sector...
finance ministry
Pasydy calls on govt to speed up filling of vacancies
Central government workers union Pasydy asked the finance minister on Thursday to speed up procedures to fill vacant positions, because delays affected the smooth operation...
Finance ministry permanent secretary made acting tax commissioner
Parliament on Thursday passed a law empowering the permanent secretary of the finance ministry to act as, and assume the duties of, the Tax Commissioner...
Audit chief suggests casino passports were granted on basis of false data
Auditor-general Odysseas Michaelides suggested that 18 citizenships granted to people linked to the company that won the casino resort concession in 2019 had been based...
Ministries urged to limit spending to bare necessities (Updated)
The finance ministry has issued a circular to all ministries asking them to limit spending to the bare necessities after the rejection of the state...
Finance ministry warns against any more changes to foreclosure processes
Any extension of the freezing of foreclosures until the end of the year or beyond, would bring potential negative effects and disproportionate costs to both...
Russia initiates scrapping of taxation deal with Cyprus (updated)
By Elias Hazou and Philippe Orphanides Russia’s finance ministry said Monday it would initiate a process to scrap an agreement with Cyprus aimed at avoiding...
Coronavirus: FinMin asks other ministries to make cutbacks
The finance ministry has asked other ministries to cut non-essential operating and developments expenditure, as the government seeks to dampen the fiscal effects of the...
State preparing to counter risk of public service pay cuts being reinstated, Petrides says
The treasury is preparing reaction scenarios should the Supreme Court uphold the ruling of the Administrative Court on the unconstitutionality of cuts in salaries and...
Cyprus and Egypt renew 1993 deal for elimination of double taxation
Cyprus and Egypt have signed a new agreement for the elimination of double taxation with respect to taxes on income and the prevention of fiscal...
