Local councils are facing allegations of misconduct, including untendered contracts, nepotism, lack of financial transparency, and failure to properly record meeting minutes. Out of 350 councils, 32 are under scrutiny for awarding contracts to family members or associates and not maintaining inclusive communication within the council.
The focal point of Cyprus’ 2024 state budget, as pronounced by Finance Minister Makis Keravnos, is the reinforcement of fiscal stability. The budget aims to navigate the country’s economy towards a more advanced period, meeting specific green transition and digital transformation objectives. It also emphasizes maintaining a budget surplus to meet European obligations and prepare the country for any potential situations.