Cyprus budget revenues fall as spending execution rises in 2025

The Treasury has announced that the execution of the state budget for the first 11 months of 2025 showed a decline in revenues compared with last year, while spending execution recorded a slight increase, providing insight into fiscal developments and cash-flow dynamics.

Presenting the budget execution report for the period from January 1 to November 30, 2025, the Treasury said the state budget, prepared on a cash basis, projected a 4 per cent increase in revenues for 2025 to €11.75 billion...