Sustainable Bond Framework
RRF allocation to Cyprus and RRP budget
The total budget of the CY RRP amounts to €1,206 bln, which will be financed through grants of €1,006 bln
(at current prices) and additional funding of about €0,20 bln in the form of loan.
RRP Strategic Objectives & New Growth Model for the Cypriot Economy.
The Plan is structured around five (5) Policy Axes and thirteen (13) Components, with an implementation period
up to 2026, all aligned with the Plan's strategic goal and objectives. The key strategic goal of the RRP Cyprus is:
«Strengthening the economy's resilience and the country's potential for
economically, socially and environmentally sustainable
long-term growth and welfare>>
Source: Cyprus Statistical Service, Ministry of Finance
Note: "f" denotes forecasts by the Ministry of Finance, as of October 2021. All forecasts are based on assumptions and there can be no assurance they will be realised.
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