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$Title{Table 17.: Government Revenue, 1973-77 (in millions of Cyprus pounds)}
________________________________________________________________________________
1973 1974 1975 1976 1977
________________________________________________________________________________
Direct Taxes ........................ 12.9 11.3 8.8 9.7 12.2
Income tax ........................ ( 9.3) ( 8.3) ( 6.2) ( 6.7) ( 9.7)
Other ............................. ( 3.6) ( 3.0) ( 2.2) ( 3.0) ( 2.5)
Indirect Taxes ...................... 32.0 25.0 20.3 24.6 37.7
Import duties ..................... (15.7) (10.8) ( 7.6) (10.8) (19.6)
Excise duties ..................... (11.0) (10.3) ( 9.4) ( 9.8) (11.9)
Other ............................. ( 5.3) ( 3.9) ( 3.3) ( 4.0) ( 6.2)
Sale of Goods and Services .......... 3.3 2.8 3.6 4.6 4.8
Interest, Rents, and Charges ........ 1.6 1.8 1.6 2.0 2.6
Transfers ........................... 3.2 2.3 2.1 2.9 3.8
Lottery ........................... ( 1.9) ( 0.9) ( 0.8) ( 0.9) ( 1.3)
Other ............................. ( 1.3) ( 1.4) ( 1.3) ( 2.0) ( 2.5)
Miscellaneous ....................... 0.7 0.8 0.8 0.9 1.5
________________________________________________________________________________
Total Ordinary Receipts ......... 53.7 44.0 37.2 44.7 62.6
________________________________________________________________________________
Central Bank Profits ................ 0.7 1.3 4.9 4.0 4.0
Public Loans Fund (net) ............. 0.6 0.5 0.5 0.6 0.6
Social Security Funds ............... 5.4 5.2 5.1 5.9 7.4
Foreign Grants ...................... - 6.0 6.5 11.5 12.2
Relief Fund for Displaced Persons.... - 4.1 13.0 11.2 19.6
Domestic contributions ............ - ( 1.8) ( 6.4) ( 7.5) ( 7.4)
Foreign grants .................... - ( 2.3) ( 6.6) ( 3.7) (12.2)
_______________________________________________________________________________
Total Government Receipts........ 60.4 61.1 67.2 77.9 106.4
_______________________________________________________________________________
Source: Based on information from Cyprus, Central Bank of Cyprus, Bulletin,
No. 61, Nicosia, December 1978, p. 33.