Cyprus agriculture ministry presents 532 million euro budget for 2027
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Cyprus agriculture ministry presents 532 million euro budget for 2027

On November 2, 2026, the Cypriot Minister of Agriculture, Rural Development and Environment, Christos Senekis, presented the proposed 2027 ministerial budget of 532 million euros to the Parliamentary Committee on Finance. This represents a 4% increase (18.7 million euros) compared to the 2026 budget. If additional EU-co-funded projects under the 'Thaleia 2021-2027' program are included, the total figure rises to approximately 580 million euros. The Ministry anticipates revenues of 275.8 million euros, primarily derived from greenhouse gas emission auctions and water sales.

A central focus of the 2027 planning is the water sector, which receives 43% of the total budget. Expenditure for water procurement is set to increase by 26 million euros, or 18%, due to prolonged drought conditions. The government plans to utilize five permanent desalination plants with a daily capacity of 235,000 cubic meters, alongside several mobile units, to ensure constant supply regardless of seasonal rainfall.

Additionally, the Ministry is managing 65 infrastructure projects, including 15 large-scale water schemes. Further priorities include ongoing support for farmers and livestock breeders facing high production costs, continued efforts to combat foot-and-mouth disease, and the implementation of a revised, low-impact development plan for the Akamas region. The government previously allocated 2.5 million euros in 2026 for producer support, with an additional 4.6 million euros in EU funding secured for drought-affected farmers.

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