Executive Board
Board Discussions
on Cyprus:

January 22, 2016
September 23, 2015
June 19, 2015
October 20, 2014
March 28, 2014

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2016  2017
Real GDP 1.6 2
Consumer Prices 0.6 1.3
Source: World Economic Outlook (April 2016)
Please refer to more recent Press Release/Staff reports on this country for possible revisions.

Cyprus: Financial Position in the Fund

Transactions with the Fund

Central Bank
Central Bank of Cyprus

Finance Ministry
Ministry of Finance

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IMF and Euro Area

IMF Resident Representative Office in Cyprus

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Cyprus and the IMF
Updated May 10, 2016

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IMF Survey Online
March 15, 2016 -- IMF Survey : Cyprus Turns Economy Around, Successfully Exits IMF Program
The Cypriot authorities canceled their financial arrangement with the IMF, which was set to expire in mid-May, after having turned around the economy of the island country.
June 23, 2015 -- IMF Survey : Cyprus Steps Toward Sustainable Growth
Cyprus has made good progress in implementing its economic program, notably reforms to ease the burden of bad loans. In the first quarter of 2015, the nation returned to positive growth for the first time in four years.
May 17, 2013 -- IMF Survey : IMF Loan to Stabilize Cyprus’s Financial System, Restore Growth
The International Monetary Fund’s Executive Board approved a €1 billion ($1.33 billion) loan over three years to help the island nation of Cyprus, a member of the European Union, to stabilize its financial sector and set public finances on a sustainable path.