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State Budget Goes Through

The 8.6 billion euro state budget for 2010 was voted in by a majority of the House of Representatives last night, after a three-day debate and nine amendments.

Thirty-three MPs from ruling party AKEL, the Democratic Party, the Movement of Social Democrats EDEK and the Movement of Ecologists and Environmentalists voted in favour of the budget, while 19 MPs from the Democratic Rally (DISY) and the European Party voted against the budget, except the funds for certain chapters concerning defence and health. An MP from EDEK voted against a sum of 9.5 million EUR for the radiotherapy unit in Limassol.

The state budget for 2010, after a total of nine government amendments, reaches 8.648.937 billion euros and provides regular and development expenditure of 648,937,000 euros, including the paying off of loans. Total revenue, including loans, is projected to reach 6,877,745,000 euros, said the government.

Reference: 
No New Taxes for 2010
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