Spending caps must be met says ministry
The finance ministry has urged all government departments to resist the temptation to spend above their budgets and stick to the expenditure caps set. Otherwise,...
spending
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...
Cypriots about average in Europe on alcohol spending
In 2019 households in Cyprus spent 1.6 per cent of their total consumption expenditure on alcoholic beverages, roughly the same as the EU average and...
People in Cyprus not big spenders on food and drink shopping
In 2019, households in Cyprus spent 11.4 per cent of total consumption expenditure on food and non-alcoholic beverages, roughly the same as Denmark and Finland,...
Cyprus lagging in cultural spending
Cyprus has the second lowest share of expenditure on cultural services in the EU, a newly published Eurostat report says. In 2018, 1.0 per cent...
Christmas credit-card spending up 16 per cent so far, BoC says
Cypriots appear to be more comfortable spending this Christmas with credit card expenditure up 16 per cent at the start of the holiday season compared...
Attorney-general denies overspending on expert advice
Attorney-General Costas Clerides on Friday rubbished claims that his office spent millions on experts to investigate the collapse of the economy, saying the accusations were...
Police force determined to cut wasteful spending
The police force has ‘fully complied’ with the recommendations of the auditor-general and is taking steps to reduce wasteful spending, justice minister Ionas Nicolaou said...
Cyprus has third lowest GDP spending on old-age pensions in EU
Total Government expenditure in Cyprus for 2016 reached 38.6 per cent of GDP, according to Eurostat, had the third lowest expenditure share on pensions at 6.2...
Patients call for more health spending
The federation of patient associations called on the state on Friday to increase health spending so that public hospitals could cope with the rising needs....
