According to a statement, the meeting focused on challenges such as inflationary pressures and the formulation of appropriate fiscal and energy policies.
It is the first official visit of the Cypriot Finance Minister to Germany, following an invitation by his counterpart.
During the Finance Minister's visit to Berlin, a Memorandum of Cooperation was signed between the Republic of Cyprus and the German state-owned organisation PD - Berater der öffentlichen Hand Gmbh, which is responsible, inter alia, for the promotion of reform actions, project management, digitalisation of public and wider public sector processes.
The purpose of the Memorandum of Understanding, it is noted, is the conclusion of cooperation for the establishment of a similar organisation in Cyprus, making Cyprus one of the first European countries to participate in the network of specialised services in the field of public sector reform and digitisation.
The Finance Minister's intention is to submit a proposal to the Council of Ministers for the creation of the Cyprus entity in April, sealing the government's commitment.
Contents of this article including associated images are belongs Cyprus Times
Views & opinions expressed are those of the author and/or Cyprus Times
Source
