
Cyprus has recorded a surplus of €1.5 billion for 2024 , equivalent to 4.5 per cent of GDP , according to preliminary results released on Tuesday by the state statistical service.
This marks a sharp increase from the €631.5 million surplus recorded in 2023 , which accounted for 2 per cent of GDP .
Total government revenue for the year reached €14.83 billion, reflecting an increase of €1.07 billion, or