The Council of Ministers, which met today under the chairmanship of the President of the Republic, Speaker of the Parliament, Annita Dimitriou, approved the budgets of three parastatal organizations – Cyprus Telecommunications Authority, KOA and THOK, and the competent Ministers will submit them to the House of Representatives for a vote.
Specifically, as stated by the Deputy Minister to the President, Petros Dimitriou, the budget of the Cyprus Telecommunications Authority for the year 2023 and the Medium-term Fiscal Framework (MFF) 2023 were approved. -2025. The organization's revenues for 2023 show an increase of 4%.
The supplementary budget of the CMO for the year 2022 was also approved. Through the supplementary budget, the state sponsorship to the CMO for 2022 increases by €5,868,400.
The budget of the Cyprus Theater Organization for 2023 and Medium-term Financial Framework 2023-2025 were also approved. The budget of the Cyprus Theater Organization for 2023 is balanced, said Mr. Dimitriou.
Source: CYPE
