[PIO] The Government Spokesman briefed the media representatives

The Government Spokesman, Mr.Konstantinos Letibiotis, briefed the representatives of the mass media at the Presidential Palace today, November 17.

In his statements, the Government Spokesman said: "the European Commission's autumn forecasts demonstrate the resilience, flexibility and capacity of the Cypriot economy to adapt to difficult economic conditions. Of particular importance is the fact that Cyprus is among the five countries in the Eurozone with the highest growth rate in the three years 2023-2025.

The forecasts for a continued slowdown in inflation, growth in the already strong labour market and a significant reduction in debt to GDP confirm the economic policy of our country.

As a Government we will continue to shield and develop the economy, prudently and responsibly. Fiscal responsibility, a strong financial system and continued reforms are the triptych of pillars of our policies. A strong economy is a prerequisite for a welfare state that substantially improves the daily lives of citizens.

The third and last procedure of this phase concerning the expression of interest for participation in the Boards of Directors of Public Law Entities through the Advisory Council will last until Monday 20 November at 12 noon.

To date, 77 expressions of interest have been submitted for the Cyprus Electricity Authority, 72 for the Cyprus Sports Organisation, 29 for the Town Planning Council and 51 for the Cyprus Broadcasting Corporation.

We invite once again our fellow citizens who are interested in contributing to the work of these organisations to express their interest through the gnomodotiko website.gov.cy".

(PM/KK/KASP)
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