Treasury Presents Strategic Plan for 2027-2029

Treasury Presents Strategic Plan for 2027-2029

Focus on digital transformation, transparency, and effective management of public resources

The Strategic Plan

According to the Treasury, the Strategic Plan constitutes a comprehensive framework of actions and operations to be implemented; aimed at ensuring sound fiscal management, modernizing State systems and processes, enhancing transparency and accountability, and providing quality services to the Public Sector as well as to the citizens, businesses, and other stakeholders.

"The goal of the Treasury of the Republic is to promote the sound management of public resources and reliable accounting operations, with its main activities being the provision of accounting and financial management services to the Public Sector, ensuring an effective and transparent framework for public procurement management, and protecting the financial interests of the European Union," the announcement notes.

According to the Plan, particular emphasis will be given on digital transformation, more effective management of public resources, and alignment with the best European practices and standards.

Process and Assessment

The Treasury states that the implementation of the Strategic Plan will be carried out through specific actions and measurable targets, which will be systematically monitored to ensure continuous improvement and the achievement of intended results.

The Strategic Plan is available on the official website of the Treasury of the Republic of Cyprus, under the "Treasury" Section, "About Us" Subsection, and the "Strategic Plan of the Treasury of the Republic" option.

Source: (CNA/MX/AGK)

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