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Cyprus/ 6. Financing of culture  

6.1 Short overview

Despite the fact that there is no comprehensive study regarding cultural expenditure, it is known that cultural development in Cyprus is mainly financed by the state (ca. 80%) and a small percentage (ca. 20%) by local government authorities and private sponsors.  In 2010, the total expenditure has been estimated to reach 0.98% of the public budget, which accounted for 0.49% of GDP. One needs to be aware of the fact that apart from the Ministry of Education and Culture, a number of other governmental bodies contribute financially to cultural development (e.g. Cyprus Tourism Organisation in the Ministry of Commerce and Industry, the Antiquities Department in the Ministry of Communications and Public Work and the Department of Town Planning and Housing in the Ministry of Interior).  As regards the Media, the Ministry of Interior is in charge of support measures (which are not included in the above estimates).

Chapter published: 05-10-2015

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