House to vote on 2012 state budget

 

Parliament will vote today on the 2012 state budget.

The plenary session will begin early in the afternoon, when 56 members of Parliament will hold their final discussion on the state budget and voting will follow. 

The budget total revenue for 2012, excluding loans, are estimated at €7,740 million and total expenditure (including loan repayments) at €8,924 million, compared to €8,860 million budgeted for 2011.

 

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.