Public debt estimated to decline to €24.1 billion by end-2021, PDMO says

Cyprus public debt is estimated to drop to €24.1 billion by the end of 2021, the Ministry of Finance’s Public Debt Management Office has said, adding that Cyprus has “significant” cash reserves that cover the island’s financing needs for 2021 as well as a significant part of 2022.

In a newsletter for September 2021, the PDMO furthermore said that Cyprus General Government debt is estimated to be at €24.

Source: Cyprus News Agency