Cyprus : First Post-Program Monitoring Discussions-Press Release; Staff Report; and Statement by the Executive Director for Cyprus
Author/Editor:
International Monetary Fund. European Dept.
Publication Date:
June 8, 2017
Electronic Access:
Free Full text (PDF file size is 1964 KB).Use the free Adobe Acrobat Reader to view this PDF file
Summary:
The economic recovery has strengthened since Cyprus exited the Fund-supported program 15 months ago. Broad-based growth and improved external competitiveness have reduced unemployment. The fiscal position is in small surplus. External adjustment has continued, and borrowing costs for the public and private sectors have moderated. While the stock of credit continues to decline, returning confidence in the banks has encouraged deposit inflows.
Series:
Country Report No. 17/148
English
Publication Date:
June 8, 2017
ISBN/ISSN:
9781484303252/1934-7685
Stock No:
1CYPEA2017001
Price:
$18.00 (Academic Rate:$18.00)
Format:
Paper
Pages:
51
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