Proposed 2027 Budget and Economic Challenges
September 15, 2026
The Christodoulides government is preparing the 2027 budget, which aims to ensure economic stability amidst geopolitical challenges. The new budget will be presented to the Cabinet and is expected to have a surplus, focusing on development and resilience of the economy. Total government income and expenditure are projected to reach €16.9 billion by 2027. Additionally, public debt is anticipated to decrease to 46.8% of GDP. Economic growth is estimated at 2.9%, with stability in inflation and unemployment.