President: Upgrade by Scope Ratings confirms our sound economic policy
29/10/2024 9:01
Cyprus' upgrade by the credit rating agency Scope Ratings confirms the correctness of the government's economic policy, said President Nikos Christodoulides in a post on "X."
Friday's "upgrade of the Republic of Cyprus credit rating to A-, the first in the A category, with stable prospects from the credit rating agency Scope, once again confirms the correctness of our prudent, serious, and responsible economic policy," the President noted in his post.
He added that, far from populism, with dedication and strategic planning, the implementation of this economic policy will continue.
“This policy allows us, among other things, to pursue effective and targeted social policies and to strengthen key sectors and infrastructure for the benefit of the Cypriot people”, he said.