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Cyprus tables National Recovery Plan in European Commission

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Cyprus tables National Recovery Plan in European Commission

Cyprus on Monday tabled to the European Commission its National Recovery Plan for the post covid-19 era, the Ministry of Finance has announced.

The Plan was unveiled earlier today by the President Anastasiades during a press conference at the Presidential Palace.

It will fully utilise the €1.2 billion provided in the Recovery and Resilience Plan of the EU.

The Plan includes 134 targeted measures, 58 reforms and 76 projects in 5 policy pillars and 13 sectors.

The Plan is in line with the recommendations of the EU and complies with the long term police for resilient development of the economy.