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Cyprus Moves From Recovery To Growth Phase, Finmin Says Highlighting Need For Reforms
October 5, 2021
Cyprus has moved from the recovery to the growth phase as the COVID-19 pandemic subsides, Minister of Finance Constantinos Petrides has said, highlighting the need for the implementation of reforms that would boost the economy’s sustainable growth prospects.
Speaking during an online conference organised by the National Betting Authority, Petrides said that sustainable growth will be achieved through the implementation of reforms and not just by the inflow of EU funds via the Recovery and Resilience Fund.