The Deputy Ministry of Research, Innovation, and Digital Policy in Cyprus has outlined an ambitious 2025 budget of €168 million, prioritizing a digital transformation that aims to enhance citizen services, bolster the economy, and strengthen cybersecurity. During a presentation to the Finance and Budget Parliamentary Committee, Deputy Minister Nicodemos Damianou highlighted the budget’s breakdown: €88.7 million for digital transformation, €47.6 million for research and innovation, and €8.4 million for cybersecurity.
Damianou emphasized the goal of creating an integrated data architecture, reducing outdated, isolated systems across departments. This ongoing commitment to digital reform, he noted, is crucial for modernizing the nation. He also addressed the significance of stable, high-speed internet connectivity, targeting 100% coverage by the end of 2025. This infrastructure upgrade will position Cyprus as a leading digital state, supporting connectivity and security across its population.
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The budget also underscores cybersecurity, with focused investments to protect critical state infrastructure. While some question the relatively modest allocation for cybersecurity, Damianou pointed to additional resources in other governmental budgets, including the Digital Security Authority, to fortify defenses in this fast-evolving sector.
Damianou acknowledged that achieving these technological goals would involve addressing legacy systems and adapting to challenges faced by other countries. He affirmed that ongoing investment in digital reform is essential for Cyprus’s progress, reflecting the positive advancements reported in the European Commission’s latest Digital Decade Report.
