The Plenary Session of the Parliament voted the budgets of seven semi-governmental organizations for 2021. Most of the budgets were voted either unanimously, by a majority and a negative vote, or by a majority and an abstention.
Specifically, the budget of the Cyprus Electricity Authority (EAC) was voted with revenues of € 797,668,000 and expenditures of € 1,188,837,000, with 34 votes in favor and one abstention.
The Budget of the Cyprus Energy Regulatory Authority (CERA) was also voted with revenues of € 2,478,273 and expenditures of € 3,539,677, with the same proportion.
The budget of the Cyprus Petroleum Inventory Management Organization (KODAP) was also voted with revenues of € 130,880,826 and expenditures of € 125,883,384, the budget of the Cyprus Sports Organization (CMO) of € 7 and a balance of € 47 and balanced. , the budget of the Cyprus State Scholarship Foundation (IKYK) with revenues amounting to € 6,806,010 and expenditures amounting to € 8,800,000, the budget of the Hunting and Wildlife Management Fund which is balanced and provides revenues and expenditures of € 6. and the budget of the Special Fund of the Center for Vocational Rehabilitation of Persons with Disabilities with revenues of € 4,815 and expenditures of € 148,900.
Most MPs who were placed on the EAC budget referred to the need for greater growth by the Renewable Energy Authority (RES), the need to reduce the price of electricity with the advent of natural gas and reduce the pollutants for which Cyprus pays, the abolition of avoidance costs but also the restoration of the Authority's dividend policy.
