House passes budgets for public entities including CyBC
The House plenum passed the budgets of four public-law entities, including the Natural Gas Public Company (Defa) and the Cyprus Broadcasting Corporation (CyBC). Defa’s budget for 2024 includes €38.4 million in expenditures and €32.8 million in anticipated revenues. CyBC’s budget is €39.3 million, with €26.7 million allocated for payroll. The budgets needed to be approved in order for the organizations to resume normal payment procedures.