Cyprus to adopt same fiscal stability policies as 2016, controversially

This week, Cyprus Finance Minister Mr Harris Georgiades will present two important economic policies for cabinet approval regarding public debt management and fiscal policy. Namely, the proposed stability programme that will run for the next 4 years will reiterate the government`s commitment to reform efforts and maintain its fiscal policy. Fiscally, the policies will specify a continuation of the current policy, backed by similar objectives, to maintain a balanced budget throughout the four year period which will allow a high primary surplus so that the public debt can steadily reduce.

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