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Cyprus

The Special Relief Fund

The revenues of the Special Relief Fund were C£21.5 million in 1987. Expenditures were C£21.5 million. The fund showed a surplus in the period 1985-88. The main sources of revenue were direct taxes (a special contribution), indirect taxes (a temporary refugee levy on imports), and foreign grants. The main expenditures of the fund in 1988 included investment, C£10 million; current transfers, C£7.6 million; capital transfers, C£4.2 million; and wages and salaries, C£1.4 million.

Data as of January 1991