Cyprus agriculture ministry presents 532 million euro budget for 2027
AI-generated image
AI Synthesis Sources: 2

Cyprus agriculture ministry presents 532 million euro budget for 2027

The House Finance Committee has reviewed the 2027 budget for the Cypriot Ministry of Agriculture, Rural Development and Environment, which totals 532 million euros. This figure represents an increase of 18.7 million euros, or approximately 3.5 percent, compared to the 2026 budget. Key priorities include water security, environmental protection, and support for the primary sector.

Water management is a central focus, with 230 million euros—43 percent of the total budget—allocated to this sector. The ministry plans to implement 65 water projects, including 15 large-scale initiatives, and has earmarked 158 million euros specifically for the purchase of desalinated water. New mobile desalination units are planned for Vasiliko and Mazotos, with long-term goals including the construction of four permanent units by 2031 to mitigate dependence on rainfall.

Ongoing conflicts regarding the Halloumi Protected Designation of Origin (PDO) status remain a significant challenge. Tensions persist between goat and sheep farmers and dairy producers over quotas, particularly the requirement for 51 percent goat and sheep milk. Despite a transitional period extended to July 2029, pressure remains high for the industry to resolve supply issues, given that over 90 percent of the product is exported.

Original Sources