Cyprus recorded a surplus of €455.9 million, equivalent to 1.4% of its Gross Domestic Product (GDP), according the preliminary fiscal results released by CySTAT. This represents an increase from the surplus of €368.6 million, or 1.2% of GDP, registered during the same month in 2023.
Revenue increased at a faster pace than expenditure in January 2024.
Revenue Soars
Cyprus's total revenue for January 2024 saw a substantial upswing, by €153.0