Economy category powered by

FinMin and Research Dep. Minister agree to cooperate to promote digital transition

Minister of Finance Makis Keravnos and Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou, discussed ways of productive cooperation between the two institutions in order to promote the digital transition.

In statements after the meeting, the Minister of Finance said that the digital transition is a "basic political direction" of the Government, which is "included in the Recovery and Resilience Plan".

He also noted that together with the Deputy Minister they discussed "issues of cooperation between the two Ministries and defined the way in which there will be a productive cooperation on all these issues which are a priority for the Government".

For his part, Nicodemos Damianou said that he informed the Minister of Finance about the actions planned by the Deputy Ministry in the field of digital transition.

The goal of the digital transition and the modern competitive digital state, "is horizontal, it is a multidimensional and complex goal and we all need to work to achieve it and certainly the views and assistance of the Ministry of Finance are of decisive importance", Deputy Minister of Research noted.

Replying to a question about the electronic justice system eJustice Nicodemos Damianou stated that its evaluation has begun, in collaboration with a private company and also with the Cyprus Bar Association.

Replying to a question about the Cyber Security Action Plan, which was announced by his predecessor, Damianou said that this matter was discussed in today’s meeting with Makis Keravnos but noted that not much can be said as it "relates to a sensitive sector".

(Source: CNA)

Read More

CySEC: Financial education to over 800 pupils across Cyprus
We are working for a more resilient, prosperous economy, President says
Economic indicators increase from January to October 2024
House passes law for establishment of branches of foreign universities in Cyprus
Labour Minister welcomes parental leave extension and child birth grant increase
Parliament approves 15% minimum tax on multinationals and large-scale domestic groups
Plenary green lights increasing clubs' revenue from betting
Christodoulides announces launch of Business Activity Service Centre to assist investors
Finance Ministry tables bill to increase levy on betting revenues
Cyprus Trade Centre in Dubai relocates office to Donna Towers