Evaluation of the Cypriot economy for 2024
April 27, 2025
The Cypriot economy showed positive growth in 2024 according to the analysis by the Fiscal Council. While there are encouraging signs like increases in revenue and controlled spending, there are also concerning factors that need to be addressed. Particularly worrying are the reductions in developmental expenditures and the government's obligations to the Social Security Fund. However, the surplus reported by the Central Government allows for a balanced fiscal path.