NICOSIA, Cyprus (AP) - Lawmakers in Cyprus will vote again next week on a privatization bill that the country needs to approve to secure the next batch of rescue money and avoid bankruptcy.

NICOSIA, Cyprus (AP) Lawmakers in Cyprus will vote again next week on a privatization bill that the country needs to approve to secure the next batch of rescue money and avoid bankruptcy.

Prodromos Prodromou, the spokesman for the ruling Democratic Rally party, told The Associated Press that lawmakers will convene Tuesday a day before the deadline set by creditors in order to release the 236 million-euro ($326 million) installment.

The privatization of state-owned companies is a critical element of a 10 billion-euro ($13.81 billion) rescue package for Cyprus, which agreed to the measures a year ago in a deal with other euro area countries and the International Monetary Fund.

But the measures have been controversial. A bill failed this week amid concerns that workers' rights would not be safeguarded, but revisions were approved Friday to address concerns.

"Privatizations are a clear obligation," Finance Minister Harris Georgiades said. "We have to understand that that if we sink, then we'll all go down together."

Workers at the state electricity, telecommunications and ports authorities have staged strikes to protest.