Economy

Uncollectible public amounts of almost €2,5 million for 2021 are written off

Write-offs of almost €2,5 million for 2021 were published by the General Accounting Office of the Republic.

The total amount that has been written off amounts to €2.477.136,75, of which, an amount of €2.466.571,51 concerns write-offs of more than €1.000 and an amount of €10.565,24 refers to write-offs of less than €1.000.

The write-offs were made by the Technical Committee for Write-Offs of Uncollectible Public Money, Securities and Materials, in accordance with the Accounting and Financial Management and Financial Control Law of the Republic, L.38(I)/2014.

The above deletions are published on the website of the General Accounting Office of the Republic, www.treasury.gov.cy

Source: KYPE

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