Cyprus’ total public debt decreased to €20.92 billion as of December 31, 2024, down from €22.18 billion a year earlier, according to the fiscal report of the Republic of Cyprus for the financial year 2024.
The report, submitted to parliament this week and published by the Treasury outlined key fiscal developments over the year.
The Treasury clarified that the reported total debt excludes intergovernmental borrowing, which amounted to €12.03 billion
