The budget of the deputy ministry of research for 2026 will rise by €5.4 million to a total of €172,864,636, Deputy Minister Nicodemos Damianou told the House finance committee on Friday.
The increase represents a 3.2 per cent overall rise compared to 2025, with a notable 13.8 per cent boost in development spending. The 2026 budget includes €70,062,349 in regular expenses and €102,802,287 in development spending. Damianou said the additional funds will support the government’s drive toward full digital transformation, innovation, and the creation of modern digital services for citizens.
He described the increase as an investment in people, innovation, and technology,
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