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A FISCAL surplus of €61.41 million, or 0.35 per cent of Cyprus' GDP was recorded in January, according to data released yesterday by the ministry of finance.The same data shows that in January 2012, the surplus reached €9.13 million euros, or 0.05 per cent of GDP.Revenue increased in January 2013 by 10.10 per cent (€55.56 million), reaching €605.60 million compared to €550.04 million in January 2012.Expenditure increased by 0.28 per cent reaching €544.72 million, compared to €543.19 million in January last year.Tax revenue rose in January 2013 by 10.93 per cent (€560.39 million compared to €505.18 million in January 2012).VAT revenue increased in January 2013 by 45.63 per cent to €116.17 million from €79.77 million in January 2012... 4 comments