The state budget of '18 is before the Ministry of Finance

The Parliamentary Committee on Finance will be presented today with the budget for 2018, the second, which is being prepared after the exit of Cyprus from the memorandum, in April 2016.

Haris Georgiadis is expected to make an analysis of government revenues, fiscal indicators and economic policy, giving an accurate picture of the current fiscal situation.

The budgets of the individual ministries and services will be presented to the Commission in the coming days.

The review of the state budget is expected to be completed by the end of November.

The medium-term budgetary objective set under the Stability Program is a balanced budgetary balance in structural terms.

The discussion of the 2018 budget before the Parliamentary Committee on Finance, which will start at 9.30, takes place in the aftermath of the work stoppage recently carried out by the SEC and PEO unions, demanding increases for the

24 thousand employees and retirees of the semi-governmental organizations, the local self-government and the hourly paid government staff.