Cyprus 2020 Budget ‘balanced’, forecasts growth rate of 2.9%

Cabinet on Wednesday approved the 2020 State Budget which forecasts that the Cypriot economy will grow by 2.9% in next year. Finance Minister Harris Georgiades said the 2020 state budget was balanced with a fiscal surplus forecast of 2.7% and a primary surplus of 5.1%. The Minister noted that no further measures, taxes or other … Continue reading Cyprus 2020 Budget ‘balanced’, forecasts growth rate of 2.9%