The House of Representatives approved unanimously on Thursday the complementary budget of the Cyprus Tourism Organization. The House approved the payment of £3.37 million for the coverage of the advertising and promotion expenses and the payment of the Value Added Tax (VAT).
According to figures, the CTO will be burdened the sum of £2.34 million for 2005 and for the VAT on the advertisements and the promotion of Cyprus.
A further promotion of CTO’s campaign abroad will require the additional £1 million and other small sums that will be granted for the operating needs of the CTO offices in Salonica and Vienna.
According to figures, the CTO will be burdened the sum of £2.34 million for 2005 and for the VAT on the advertisements and the promotion of Cyprus.
A further promotion of CTO’s campaign abroad will require the additional £1 million and other small sums that will be granted for the operating needs of the CTO offices in Salonica and Vienna.
3287.99
1275.09
