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FinMin welcomes the approval of state budget

Finance Minister Constantinos Pertrides welcomed the approval of the 2023 state budget, the last budget tabled by the ten-year administration of outgoing President Nicos Anastasiades.

“The budget is not myopic, it sees the future, giving special tools to tackle the short-term crises we are facing,” Petrides said in statements following the vote in the plenary.

As he noted, the budget aims at the challenges of tomorrow, with green and sustainable growth and digital transformation without burdening future generations.

Noting that fiscal planning would be different if it weren’t for the challenges of the next two years, Petrides wished the next government will implement the budget along with reforms.

“A budget is never enough for one country to go forward, structures should change and reforms should be implemented,” he added.

Source: Cyprus News Agency