Cabinet approves first supplementary state budget

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Cabinet approves first supplementary state budget
 © In-Cyprus 2020
New recruits, purchase of defense equipment, pharmaceuticals and other healthcare consumables, social benefits and early retirement plan costs will be covered by the supplementary budget of €233 million which was approved yesterday by Cabinet.

This is the first supplementary budget for 2019. Under the Financial Liability Act the state can deposit up to two supplementary budgets every year.

Insiders told Phileleftheros that most of these additional funds will cover  Ministry of Defense expenses. Specifically, a supplementary budget of €70 million will be allocated to the...


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This article was automatically added to our system 19-6-2019

Cabinet approves first supplementary state budget


The contents of this article including any associated images are © In-Cyprus 2020
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