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economic evaluation

civil service promotion

Agreement on New Promotion Scheme for Civil Servants

The civil service promotion scheme has undergone a significant overhaul, shifting towards a meritbased evaluation system that prioritizes skills and qualifications over tenure. Performance evaluations, supervisors’ recommendations, and additional experience and qualifications will play key roles in determining promotions from 2023 onwards, aiming to create a more efficient and effective civil service.

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Cyprus Business Now

The 16th evaluation of Cyprus’ postmemorandum economic condition will delve into public finances, economic prospects, and challenges facing the economy, focusing on the financial sector’s health and conditions based on 2023 outcomes. Meanwhile, the Central Bank of Cyprus is gearing up to lead the Global Money Week campaign next March to promote financial literacy among the youth worldwide.

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