Finance Minister Expects Approximately $62 Million Revenue from Gambling Services Tax

Berova clarified misconceptions about amnesty for casinos or state losses, noting that there was a perception operation underway. He emphasized there would be no tax loss and disclosed their revenue expectations of approximately $62 million.

Responding to questions about the £68 million to be paid by the Immovable Property Commission, Berova mentioned the pressure to remove the Commission as a domestic legal remedy by the European Court of Human Rights. Thus, they created financial resources for the Commission's work.

Berova explained that this step was taken to settle resolved issues, causing discomfort to the Greek Cypriot Administration, urging minimal discussion. The funding was generated through collaboration with the Central Bank, obtaining a £50 million loan with a 15% interest rate, supplemented by taxes and revenue shares, totaling £68 million, to settle all payments by 2020.

Berova assured the government's commitment to timely payments, addressing both the legal status and sustainability of the Commission.

Economy and Energy Minister Olgun Amcaoğlu presented inspection reports in Parliament, emphasizing efforts to safeguard production and consumption through penalties and warnings. He stressed the importance of support for preserving employment, stating that data sharing would also include the opposition.