Please update your Flash Player to view content.
Surplus of €219,1 mn for the Quarterly Accounts of General Government, 3rd Quarter 2014

On the basis of the preliminary data on the General Government accounts for the period July-September 2014, compiled in accordance to EU concepts and definitions (ESA 2010), the total revenue amounted to €1.866,0 mn (9,3% increase compared to the corresponding period of 2013), while total expenditure reached €1.646,9 mn (8,0% decrease), resulting to a surplus of €219,1 mn as compared to €83,5 mn deficit in the corresponding period of the previous year.

The main categories of revenue for the period July-September 2014 were: taxes on production and imports €707,2 mn (8,7% increase), of which VAT was €415,9 mn (17,7% increase), and taxes on income and wealth €548,9 mn (3,5% increase). Revenue from sales of goods and services increased by 9,9% as compared to the corresponding period of the previous year reaching 127,8 mn.

The main categories of expenditure for the period July-September 2014 were: social transfers €611,6 mn (0,3% decrease), and compensation of employees (including imputed social contributions and pensions of civil servants) €516,4 mn (16,6% decrease). Current transfers reached €64,1 mn (31,2% decrease as compared to the corresponding period of the previous year).

 

source Cyprus statistical services

 
Back

SEARCH OUR PROPERTIES

View our Properties on the Map

 

 

 

 

FOLLOW US

 

 

CONTACT US

Address

22, Archbishop Makarios Avenue
Livadiotis Makaria Centre,

Ground Floor Office 
Larnaca, Cyprus

Post Code - 6017

Post Office Box - 40779,

Post Code of Box - 6307

Tel: +357 24 828 000
Fax:+357 24 66 57 64
Email: info@livadiotis.com

Office Working Hours

Monday to Friday

8.30 until 17.30*

*Wednesday only half day from 8.30 to 13.00

*daily the office is closed from 13.00 to 14.30