5 Minute News

Tensions rise in Parliament during discussion of AKEL's tax proposals

December 19, 2025

There was tension and a verbal altercation in the Parliamentary Committee on Finance among lawmakers from DISY, DIKO, and AKEL regarding AKEL's tax proposals. Two out of six proposals will be presented to the Plenary on Monday, while the others will be discussed in 2026. DISY and DIKO disagree with the taxation of banks, viewing it as a political tactic by AKEL. The discussion was charged, with intense debates among the members. This situation highlights the political disputes surrounding tax reform and the burden on wealth.