Politis

Finance Minister and Auditor General Agree on Prudent Use of Public Funds

Published March 20, 2026, 17:20
Finance Minister and Auditor General Agree on Prudent Use of Public Funds

The Minister of Finance, Makis Keravnos, and the Auditor General, Andreas Papakonstantinou, met on Friday at the Ministry of Finance and reaffirmed their common understanding of the need for prudent use of public funds. The aim is to ensure the sustainable development of the economy. During the meeting, the two officials exchanged views on economic issues and matters relating to the cooperation between the Ministry of Finance and the Audit Office. The discussion focused on the need for responsible management of public funds in order to achieve long-term economic prosperity for Cyprus. The meeting highlights the importance of close cooperation between the two bodies for the effective management of public finances and the promotion of transparency and accountability. Their joint commitment to prudent use of funds is a positive sign for the economic stability and development of the country.