Cyprus general government surplus 4.9% of GDP for the period of Jan-Oct 2019

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Cyprus` General Government recorded a surplus of €1,066,0 mn (4.9% of GDP) for the period of January-October 2019 as compared to a deficit of €626.4 mn for the corresponding period of 2018 (-3.0% of GDP), according to the preliminary General Government fiscal results which are prepared by the Statistical Service of Cyprus (CYSTAT).According to the Statistical Service, total expenditure for the first ten months of 2019 reached €6,349.8 mn, which corresponds to a decrease of €905.4 mn (-12.5%) as compared …

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