General Government surplus increases in first four months

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The General Government surplus increased to €547,1 mn or 2.5% of GDP between January and April 2019, compared with a surplus of €426,9 mn or 2.1% of GDP in the same period of 2018, according to the preliminary fiscal results published by the Statistical Service of Cyprus on Friday. Total expenditure in the first four months of 2019 increased by €100,2 mn (+4.8%) compared with the same period of 2018 and reached €2.189,6 mn (€2.089,4 mn in 2018). The compensation of employees …

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