The Cyprus Council of Economy and Competitiveness presented today, at the Council of Ministers, the new Long-Term Strategy for the Sustainable Development of the Cyprus Economy, entitled "Vision 2035", the essence of which is the development and establishment of Cyprus as one of the best places in the world to live, work and do business, the Presidency said in a statement.
Vision 2035, it notes, is not based on the conformity or vision of an individual, a political party or a government, but is an objective of Cyprus as a whole, shaping its future as it listens to the needs of international conditions, the global economy and exploits its own strengths and specificities. As such, he adds, the Strategy is a holistic nationwide focus, while its strategic objectives are to establish Cyprus as a global model nation with effective structures and transparent processes, to achieve a thriving, sustainable and resilient economy and to complete a just and inclusive social environment.
"The Strategy aims at Cyprus' transition to a new, modern economic model through which institutional changes, major reforms and productive investments are promoted, aiming at the long-term sustainability, competitiveness and resilience of the economy."
It is noted that the Strategy is accompanied by an Action Plan that includes 242 actions to strengthen the country's economy, but also to ensure the well-being of all citizens through the development of innovation, digitization and use of new technologies, green growth, diversification and intensification of manufacturing, upgrading and specialization of tourism, upgrading of education and provision of educational services, support and deepening of maritime and professional services. It also includes policies for a just and inclusive society with a world-class education system and an excellent and accessible health care system.
It is noted that many of the objectives and directions of the Long-Term Strategy are already on track for implementation, while a number of others have enriched the programming for the 2021-2027 "Th.Al.E.I.A." programme, as well as for the Recovery and Resilience Plan, and form part of the National Plan "Cyprus-Tomorrow".
"To ensure the implementation of the Strategy, the mechanism for its implementation in cooperation with all Ministries and stakeholders of the state and private sector, as well as the way to monitor its progress and review it, has already been established by a decision of the Council of Ministers."
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