Surplus of 4.8% of GDP according to preliminary General Government fiscal results for January-November 2019 period

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The preliminary General Government fiscal results for the period of January-November 2019, which are prepared by the Statistical Service of Cyprus (CYSTAT), indicate a surplus of €1,041.2 mn or 4.8% of GDP as compared to a deficit of €699,1 mln for the corresponding period of 2018 (-3.3% of GDP).According to the figures released Tuesday, the total  expenditure for the first eleven months of 2019 reached €7,279.3 mln, which corresponds to a decrease of €644.1 mln or 8.1%,  as compared to …

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