Cyprus

Increased by €1,4 million the financial assistance to T/k in 2021

The financial aid granted by the Republic of Cyprus to the Turkish Cypriots in 1,4 was increased by €2021 million.

As the Minister of Finance Konstantinos Petridis informed the Council of Ministers on Wednesday, the financial assistance in 2021 amounted to €40,4 million and was increased by €1,4 million compared to 2020, where the financial assistance amounted to €39,0 million

According to an announcement by the Ministry of Finance, 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), the financial assistance to the Turkish Cypriots amounted to €199,4 million.

KYPE

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