Increase in public revenues and decline in developmental spending in Cyprus
November 4, 2026
Cyprus shows a significant increase in public revenues, primarily due to inflation and taxes, with a surplus reaching €1.609,7 million by September 2026. However, public investments in infrastructure are decreasing, with a drop of 12.1%. While revenues are rising, the government appears to be investing less in development projects. Bureaucratic delays exacerbate the situation. This scenario reveals a contradiction between rising revenues and declining developmental spending.