Cyprus News Agency

     CNA   Five exploratory drillings to be carried out in the next two years, Minister of Energy says     CNA   --`We are aiming to the solution of the Cyprus Problem and to good collaboration with Turkey`, Christodoulides notes     CNA        CNA   Under-Secretary-General for Peace Operations to visit Cyprus next week     CNA   --The Cyprus Institute to document churches in occupied Cyprus     CNA   --Tourist arrivals decrease in June and in the first six months of the year     CNA   -

General Government surplus up by €111 million in Q1 2019
CNA - CYPRUS/Nicosia 24/06/2019 13:40

The General Government surplus increased by €111 million in the period January-March 2019, based on the preliminary data of the General Government accounts for January-March 2019, which are compiled in accordance to EU concepts and definitions (ESA 2010).
As announced by the Statistical Service of Cyprus, total revenue amounted €2,092.0 mn, while total expenditure reached €1,639.6 mn, resulting in a surplus of €452.4 mn as compared to a surplus of €341.6 mn in the corresponding period of the previous year.

The main categories of revenue for the period January-March 2019 were: taxes on production and imports €779.0 mn (0.8% decrease as compared to the first quarter of 2018), of which net VAT was €507.6 mn (3.7% increase), taxes on income and wealth €494.4 mn (10.5% increase), and social contributions €484.8 mn (11.9% increase). Revenue from the sale of goods


*The full text of the news item is available in the paid version of the CNA web service. Subscription Form

*CNA reserves the copyright to the news stories it files, which is granted to subscribers for specific use only.

CSE:70.770  -0.510%
FTSE/CySE:42.500  -0.450%