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IMF Loan to Stabilize Cyprus’ Financial System, Restore Growth

May 17, 2013

The International Monetary Fund’s Executive Board approved a $1.33 billion loan over three years to help the island nation of Cyprus, a member of the European Union, to stabilize the financial sector and set public finances on a sustainable path. Click for more

News — Highlights


Η συνέντευξη της Ντ. Βελκουλέσκου

Η επικεφαλής του κλιμακίου της Τρόικα στην Κύπρο απαντά σε ερωτήσεις του Μιχάλη Ιγνατίου για το μέλλον της κυπριακής οικονομίας. click for more

Δελτίο Τύπου Αριθμ. 13/344

Το ΔΝΤ Ολοκληρώνει την Πρώτη Ανασκόπηση της Συμφωνίας Διευρυμένου Πιστωτικού Μηχανισμού με την Κύπρο και Εγκρίνει την Εκταμίευση €84,7 Εκατομμυρίων click for more

Δελτίο Τύπου Αριθμ.13/323

Το ΔΝΤ Διορίζει Μόνιμο Εκπρόσωπο του στην Κύπρο click for more

Δελτίο Τύπου 13/175

Το Διοικητικό Συµβούλιο του ΔΝΤ Εγκρίνει Συµφωνία 1 Δισεκατοµµυρίου Ευρώ για την Κύπρο Βάσει Διευρυµένου Πιστωτικού Μηχανισµού click for more

Cyprus and The IMF

Transcript of an IMF Press Conference on Europe

April 15, 2014

Transcript of a Conference Call on Cyprus

April 4, 2014

Cyprus: Third Review Under the Extended Arrangement Under the Extended Fund Facility and Request for Modification of Performance Criteria-Staff Report; Press Release; and Statement by the Executive Director

April 1, 2014
Series: Country Report No. 14/92 click for more

Press Release: IMF Completes Third Review Under the Extended Fund Facility for Cyprus and Approves €83.3 Million Disbursement

March 28, 2014

Cyprus -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, March 13, 2014

March 13, 2014
PDF File Size: 1165Kb click for more

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Cyprus and the IMF

  • Member since December 21, 1961

  • Quota: SDR158.20 million

    Each member country of the IMF is assigned a quota, based broadly on its relative position in the world economy. A member country's quota determines its maximum financial commitment to the IMF, its voting power, and has a bearing on its access to IMF financing.

  • Cyprus is represented in the Executive Board

    The Executive Board is responsible for conducting the day-to-day business of the IMF. It is composed of 24 Directors, who are appointed or elected by member countries or by groups of countries. The Managing Director serves as its Chairman. The Board usually meets several times each week. It carries out its work largely on the basis of papers prepared by IMF management and staff.

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CESEE Regional Economic Issues

Faster, Higher, Stronger - Raising the Growth Potential of CESEE Click for more

The October 2013 Regional Economic Issues Report (REI) discusses the implications of the recent turmoil in Central, Eastern, and Southeastern Europe (CESEE)'s emerging markets.

What are the implications of the turmoil in emerging markets for Central, Eastern, and Southeastern Europe (CESEE)? Why have some countries been more affected than others? The October 2013 CESEE Regional Economic Issues (REI) assesses the macroeconomic outlook for the region in light of the latest global economic and financial developments. The REI also focuses on prospects for longer-term potential growth, and the policies and reforms that will be needed to boost growth and bring down on a sustained basis the relatively high rates of unemployment across much of the region.