FinMin welcomes announcement on disbursement of pre-financing from RRF, urges Parliament to join forces with government

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Cyprus’ Finance Minister Constantinos Petrides welcomed on Thursday the European Commission’s announcement on the disbursement of 157 million euros to Cyprus in pre-financing, as part of the funds and loans to be provided under the Recovery and Resilience Facility (RRF).The Minister called on the House of Representatives to join forces with the government to implement necessary reforms.A press release of the Ministry said that Cyprus has secured €1.2 billion from the RRF to finance its national plan “Cyprus – Tomorrow” …

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