This web page presents information about the work of the IMF in Cyprus, including the activities of the IMF Resident Representative Office. Additional information can be found on the Cyprus and IMF country page, including IMF reports and Executive Board documents that deal with Cyprus.

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News and Highlights


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At a Glance: 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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Latest on Europe

Regional Economic Issues: Central, Eastern and Southeastern Europe

November 2015 

The Regional Economic Issues (REI) report, published on November 13, 2015, assesses the macroeconomic outlook for the Central, Eastern and Southeastern Europe (CESEE) region in light of the latest global economic and financial developments.

Read the CESEE Regional Economic Issues report (PDF).

Read the Survey Magazine article, "Emerging Europe Sees Stronger Growth Ahead, but Faces New Risks."