AKEL, as usual, reads other things and wants to understand other things.
What does it not say about the Report which is a trend survey?
It does not say that Cyprus in recent years has made a big improvement in this indicator.
It does not say that according to the Report the fall in 2022 is due to exogenous reasons. The impact of the war in Ukraine, the increase in the price of energy and raw materials internationally.
It does not say that Cyprus has a very high performance in terms of International Investment, price restraint, tax policy, social protection, education.
It does not say that Cyprus is high on the "government effectiveness" index which continues to improve in recent years, even in 2022.
It does not say that the areas that keep Cyprus' ranking low are areas related to reforms, especially those contained in the Recovery Fund. Reforms that the government is promoting for the benefit of the economy and society, which for the most part AKEL refuses to vote for, following its standing policy of refusing to modernise. Reforms that the report calls on us to implement.
Let AKEL not lecture us. At least on the economy. And if it is indeed interested in learning more about economic issues concerning Cyprus, let it also refer to the recent reports of the European Commission, the IMF, and the rating agencies, which contain in-depth analyses and forecasts. With good will they may learn something.
(NG)
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