Development expenditure at €444 million in the next three years, Cyprus Transport Minister says

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The Ministry of Transport, Communications and Works development expenditure will reach €443.7 million in the next three years, excluding projects that would be financed by the EU Resilience and Recovery Fund, Transport Minister Yiannis Karousos has said. Karousos warned that no project can be launched if the 2021 state budget is not approved. Presenting the Ministry’s budget for 2021, which amounts to €367.5 million, to the parliamentary committee of Finance and Budgetary Affairs, Karousos said that the estimated revenue for 2021 is …

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