Olivewood budget to be crossed

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Olivewood budget to be crossed
 © In-Cyprus 2020
The government is calling on parliament to cross urgently requested split funds that have been included in the supplementary budget set to be approved by the House plenum before the summer recess.

This includes urgent funds for Olivewood – the island’s fledgling incentive plan promoting Cyprus as an international film location.

Acting permanent secretary of the Ministry of Finance Phedon Kalozois explained in a letter sent to the House Finance Committee this week that if these split funds are approved then both a practical and a legal issue will be created.

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This article was automatically added to our system 11-7-2019

Olivewood budget to be crossed


The contents of this article including any associated images are © In-Cyprus 2020
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Article Tags: olivewood, budget, crossed,