Republic of Cyprus
High Commission of the Republic of Cyprus in Pretoria

Latest News


Establishment of a National Solidarity Fund


The House of Representatives of the Republic of Cyprus passed recently a Law establishing the National Solidarity Fund. The Fund aims at financing or/and offer economic assistance to the financial institutions, promoting and/or contributing to the capitalization or/and recapitalization of the financial institutions and/or promoting and/or contributing to the efforts of financing the Republic for development and social cohesion. The National Solidarity Fund will be managed by a seven-member committee, appointed by the Council of Ministers.

The funds for the above purposes will be raised by:

- revenues of the Republic of Cyprus deriving from the future exploitation of gas reserves,

- ownership titles or bonds that the National Solidarity Funds issues and sells,

- acquisitions of, management and disposal of equity, bonds or ownership titles from any corporation or other legal person,

- donations or contributions that are made by legal entities and individuals,

- any other source and legal activity,



The full text of the legislation regarding the establishment of the National Solidarity Fund can be found here.

For donations to the National Solidarity Fund, please press here for the beneficiary account details.



Ariadni Government Portal

Facebook

Twitter

Presidency of the Republic of Cyprus

House of Representatives

Government Web Portal

Government Gateway Portal (Ariadni) 

Study in Cyprus

Christian monuments of Cyprus under Turkish military occupation

CIPA

PIO

Cyprus on Film

Usurpation of Greek/Cypriot properties

Cyprus Newspapers

Cyprus Broadcasting Corporation

Yellow Pages

Ministry of Foreign Affairs

Cyprus Tourism Organisation

Last Modified at: 26/11/2020 03:58:16 PM
 

© 2012 - 2020 Republic of Cyprus,
Ministry of Foreign Affairs,
High Commission of the Republic of Cyprus in Pretoria