The Statistical Service announced on Friday a fiscal surplus of pound 570.2 mn, which corresponds to 2.1% of GDP and a fiscal debt of pound 23,371.1 mn, which corresponds to 86.5% of GDP. The above data are the preliminary fiscal results for 2022, which have been audited and verified within the Excessive Deficit Procedure framework of the European Commission. Moreover, GDP at current prices for the year 2022 has been revised due to revised data of public finance and balance of payments and is estimated at pound 27,006.4 mn. The annual change at current prices is estimated at 12.4%.
Source: Cyprus News Agency