Home cyprustimes.com (Κύπρος) Cyprus Posts €1.37 Billion Government Surplus For Jan-Aug 2024

Cyprus Posts €1.37 Billion Government Surplus For Jan-Aug 2024

Cyprus Posts €1.37 Billion Government Surplus For Jan-Aug 2024

Additionally, subsidies dropped by €31.2 million


The General Government surplus increased by €469.9 million during the period January–August 2024, compared to the same period in 2023. Preliminary fiscal results prepared by the Cyprus Statistical Service for the January–August 2024 period show a General Government surplus of €1.37 billion (4.3% of GDP), compared to a surplus of €898.5 million (3.0% of GDP) for the same period in 2023.

Revenue growth of 13%

Total revenue for January–August 2024 increased by €1.07 billion (13.0%),

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