Republic’s of Cyprus financial aid to the Turkish Cypriots increased by €1.4 million in 2021.
Minister of Finance Constantinos Petrides who briefed on Wednesday the Cabinet about the financial aid, said that in 2021 it amounted to €40.4 million and was increased by €1.4 million compared to 2020, when the financial assistance amounted to €39 million.
According to a Ministry of Finance’s press release, the financial aid for the support of the Turkish Cypriots in 2021 was granted by the Government mainly in the following sectors: €16.1 million for pensions, €6.1 million for the repair and maintenance of Turkish Cypriot mosques, monuments and properties, €1.6 million for the provision of drinking water, €1.5 million for the provision of Minimum Guaranteed Income, €1.3 million to cover expenses from the use of the NHS and €1.0 million to cover education costs.
It is noted that, during the last five years (2017-2021) financial assistance to the Turkish Cypriots amounted to €199.4 million.
Source: Cyprus News Agency