Cyprus Business Now
The Finance Ministry is aiming to reduce public debt to below 60 per cent of GDP by 2026, according to Finance Minister Makis Keravnos.
Commenting on the latest International Monetary Fund (IMF) report on the European economy, which includes references to Cyprus’ public debt, Keravnos credited the continued reduction in debt to the government’s fiscal discipline and the accumulated budget surpluses.
“We ensure that we create these surpluses through prudent economic policies,” he stated.
Заголовки