Cyprus Times

Parliament Approves Twelfth-Month Allocations for Semi-Governmental Organizations

Published January 22, 2026, 18:14
Parliament Approves Twelfth-Month Allocations for Semi-Governmental Organizations

The House of Representatives approved twelfth-month allocations for semi-governmental organizations for February, allowing them to make expenditures despite the lack of an approved budget. This approval concerns organizations whose budgets have not yet been approved for 2026. At the same time, the budgets of three organizations were approved, while seven are still pending. The President of the House and the Finance Committee have emphasized the importance of timely budget submissions for the smooth functioning of the organizations.