The successful implementation of the Recovery and Resilience Plan, totaling € 1.24 billion, is very important both for public finances and for growth perspective and is expected to add another 7% in Cyprus’ GDP and thousands of jobs, said Minister of Finance Constantinos Petrides.
Speaking during a meeting of the Parliamentary Committee on Finance, the Minister said that the Recovery and Resilience Plan aims to help public finances, facilitate investments in a time of crisis and add value to the economy of EU member – states until 2030.
Source: Cyprus News Agency