We urge the government to follow its preelection commitments regarding privatizations

 

Statements of Stefanos Stefanou, member of the Political Bureau of AKEL

AKEL C.C. Press Office, 2nd May 2915, Nicosia

 

According to statements made by the Minister of Finance there is a surplus of two billion Euros from Cyprus’ loan agreement.

From the Minister’s statements it has been demonstrated that the amount of 1.4 billion Euros which is estimated to be gathered from the privatization of the Semi-state organizations, is not necessary. Bearing in mind the Minister of Finance’s statements, we urge the President of the Republic to fulfil his pre-election commitment made in writing to the employees of Semi-governmental organizations, and to society in general, and not to proceed with privatizations.

We also call on the government in a targeted way to review for the benefit of society the levelling measures it has taken, given that it has finally been proved that the funding needs are less than those originally calculated.