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[PIO] Statements by the Minister of Health on the approval by the Council of Ministers of the medical equipment upgrade plan

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A plan to upgrade the medical equipment of hospitals was approved today by the Council of Ministers.

As Health Minister Dr. Poppy Kanari, after the conclusion of the Council of Ministers, the aim of the plan is to provide financial incentives, in the form of government sponsorship, to hospitals for upgrading medical equipment. The beneficiaries of the plan, she added, are existing and new hospitals.

Upgrading the quality of health services is one of the main priorities of President Nicos Christodoulides and the Ministry of Health, in the context of the best possible operation of the General Health System.

"One of the main pillars for the improvement of these services is the provision of modern medical equipment for hospitals, equipment which, due to the rapid development of health technology, must be constantly upgraded and renewed," Dr. Kanari explained.

In light of these facts, she noted, the Department of Medical and Public Health Services of the Ministry of Health has proceeded with the preparation of a plan, which is included in the Recovery and Resilience Plan for the years 2023-2025.

The amount of the grant is five million euros, while the Department of Medical and Public Health Services of the Ministry of Health will be the implementing agency of the plan. The grant is based on two regulations. It will be given either in the form of de minimis, based on regulation 1407/13, or based on the general exemption, based on regulation 651/14.

"For companies that opt for the regulation based on de minimis, the amount of the grant will be 50% of the eligible costs, in case they want to buy new equipment, or 30% of the eligible costs, in case of replacement. The funding cannot exceed €200,000."

She also clarified that for companies opting for the second regulation to purchase only new medical equipment, the subsidy will amount to 20% of eligible costs for small businesses and 10% for medium-sized businesses. Funding cannot exceed €400,000.

Details of the scheme's provisions will be provided at a press conference to be held next week.
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