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[PIO] Presentation of the work of the long-term strategy for the sustainable development of the Cypriot economy to the Council of Ministers

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Today, on 6 July 2022, the Cyprus Council of Economy and Competitiveness presented to the Council of Ministers the project of the Long-Term Strategy for the Sustainable Development of the Cyprus Economy, entitled "Vision 2035".

An introduction to the Long-Term Strategy was given by the President of the Cyprus Council for Economy and Competitiveness (CECC), Mr. Takis Clerides, while Dr. Andreas Assiotis, Chairman of the Project Steering Committee and Vice-Chairman of CNAC, presented the Strategy.

Mr. Clerides stressed that "Vision 2035" charts the development path of Cyprus for the next 15 years, aiming at the transition to a new, modern economic model. He underlined the emphasis placed on the green and digital transition, modernization and increasing the competitiveness of the economy, as well as the link between the Strategy and the Recovery and Resilience Plan, through which it has already started to be implemented.

During the presentation, Dr. Assiotis informed that the new Strategy includes more than 240 horizontal and sectoral practical recommendations on interventions to be implemented, aiming at the sustainable development of the country and ensuring the well-being of all citizens. These interventions should, he said, be promoted and implemented by the relevant Ministries/departments and other relevant bodies, stressing the importance of the ownership of the Strategy by its implementers. The Strategy also includes, in addition to interventions, key performance indicators (KPIs) to monitor progress in the implementation of Vision 2035 and the new development model, as well as an integrated governance mechanism for its implementation.

As emphasized, the Strategy is owned by society as a whole. For this reason, Vision 2035 has been shaped through an intensive dialogue with a wide range of public and private sector stakeholders. But the "vision" needs to be translated into action, and to achieve this requires political consensus and commitment from all actors including political parties, the civil service, social partners and business.

(NΓ/EXP)
Contents of this article including associated images are owned by PIO
Views & opinions expressed are those of the author and/or PIO

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