Philenews

President Christodoulides Announces Increased Social Spending Due to Economic Growth

Published February 25, 2026, 12:17
President Christodoulides Announces Increased Social Spending Due to Economic Growth

President Nikos Christodoulides announced an increase in social spending as a result of the country's positive economic performance. During his meeting with representatives of KYSOA, OSAK, and the Third Age Observatory, he emphasized the contribution of the organizations and the importance of consulting with social partners. The increase in social spending is expected to reach 6% and will be further strengthened in 2026, creating opportunities to support social groups. The government is seeking additional interventions for social cohesion and the protection of vulnerable groups.