Economy category powered by

Government to enhance primary sector's competitiveness Agriculture Minister says

The Minister of Agriculture, Rural Development and Environment, Petros Xenophontos has said that the Government is working to enhance the competitiveness of the primary sector and the processing and utilisation of agricultural products by the producers themselves.

"The non-negotiable objective is to revitalise the rural population, to ensure a fair income for the producer, to ensure food quality and to support the age renewal of the agricultural sector," he said.

Speaking at the inauguration of the Limassol Municipality's new open-air market, Xenophontos also referred to the problems and challenges facing the agricultural sector, both from the fact that the economic crisis of the previous decade was followed by the coronavirus pandemic, and from the Russian invasion of Ukraine which created an energy and food problem.

"Nevertheless, our Ministry is making every effort to modernise our agricultural sector, having implemented all available European financial instruments," he said.

(Source: CNA)

Read More

Finance Minister points to external and internal risks for economy
CBC calls for caution over the circulation of counterfeit US$100 banknotes in the market
Cyprus mission in Mumbai holds inaugural event
Cyprus and Greece join forces to promote 'European corridors' participation
Government to examine financial measures depending on developments, Finance Minister says
Construction material prices decline marginally in September 2024
Cyprus' nominal GDP exceeded €31 billion in 2023
Minister Panayiotou in Luxembourg for AGRIFISH
Energy Minister participates in 'Mediterranean Offshore Conference' in Egypt
Economist Nikos Vettas: Are we getting the balance right between interest rates, inflation and growth?