Cyprus expects public debt to drop to 43 per cent of GDP by 2028

The Finance Ministry on Friday published its strategic fiscal policy framework for the period 2026 to 2028 , forecasting stable economic growth and a steady decline in public debt over the next four years.

Growth is expected to range between 2.9 per cent and 3.1 per cent during the period, with the public debt projected to drop to 43.3 per cent of GDP by 2028.

The framework outlines the government’s