The main and planned objectives of the economic policy for the first year of the administration of Nikos Christodoulidis have all been implemented or are in the stage of full implementation, stressed the Minister of Finance Makis Keraynos, underlining at the same time that "the Cypriot economy is on a healthy path despite the significant challenges and uncertainties".
Speaking in the context of a press conference on the assessment of the 1st year of implementation of the governance program of the Ministry of Finance, Mr. Keravnos said that "the Ministry of Finance feels that it has accomplished all the goals, we feel that achievements have been made in a very short period of time."
"We continue the efforts for an economic policy, which will aim at a fairer distribution of income and produced wealth", he underlined.
The Minister of Finance said that his "personal responsibility is to maintain healthy public finances and ensure macroeconomic stability and financial stability through rational management of resources to improve the living standards of every citizen".
He stated that "in the first year of government a very important project was produced in a very difficult economic environment".
"We continue to monitor the difficulties and challenges and any possible developments and to adopt appropriate measures within the framework of always a human-centered economic policy, within the framework of our capabilities, and always focusing on fiscal discipline and financial stability because the memories are still fresh for what had happened when they exceeded these basic parameters", he underlined.
Vision, according to Mr. Keravnos, "is the continuous strengthening of the resilience of our economy, in conditions of fiscal and financial stability, utilizing the comparative advantages of our economy, as well as our valuable human resources, so that through a human-centered economic policy to improve the well-being of our society and protect vulnerable groups."
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