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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

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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

Cyprus: 2014 Article IV Consultation Concluding statement of the IMF Mission

July 30, 2014

Press Release: Statement by the European Commission, ECB and IMF on the Fifth Review Mission to Cyprus

July 25, 2014

Cyprus: Fourth 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 for Cyprus

July 2, 2014
Series: Country Report No. 14/180 click for more

Press Release: IMF Completes Fourth Review Under the EFF for Cyprus and Approves €84 Million Disbursement

June 30, 2014

Interview by Phileleftheros Newspaper of Cyprus with Christine Lagarde

June 25, 2014
Published in Phileleftheros, June 8, 2014 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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