President Nikos Christodoulides received the annual report of the Audit Office for 2023 from Auditor General Andreas Papaconstantinou at the Presidential Palace on Tuesday.
Upon presenting the report, Papaconstantinou said it contained the audit of state accounts and fiscal management for 2023, along with special reports issued in 2024.
He noted that his office would continue its work in 2025 with plans to publish more focused and concise special reports.
The Auditor General highlighted the need to discuss the office’s financial independence, assuring that the Audit Office was operating at full capacity.
President Christodoulides emphasised his administration’s commitment to strengthening the rule of law and accountability.
He cited recent initiatives, including consultation with foreign experts who provided significant preliminary assessments that have prompted changes.
The president spoke about ongoing efforts to rebrand Cyprus, stating that the executive branch views the Audit Office as a partner in promoting the rule of law, accountability, and anti-corruption measures. He stressed that no one was exempt from scrutiny.
Christodoulides also addressed plans to modernise the Audit Office, indicating that reform efforts targeting both the Audit Office and other state institutions aimed to enhance their effectiveness and adapt to current circumstances.
The Cabinet is expected to approve relevant proposals soon, including measures regarding the Audit Office’s financial autonomy, according to the president, who pledged to examine the report thoroughly.
