The Finance Ministry is working to set up an investment fund to manage the revenue from indigenous hydrocarbon deposits in a credible and transparent way, the Ministry of Finance said in a statement on Monday`s meeting the Minister of Finance Harris Georgiades had with the Energy Council, appointed by the President of the Republic last September to advise the government on energy issues.
According to the statement, the Finance Minister said at the meeting that the Ministry sees energy sector as the main drive for economic growth in the country, focusing on preparing Cyprus for the management of revenue from indigenous hydrocarbon deposits and investments in the broader energy sector.
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