Cyprus : Staff Report for the 2000 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

August 25, 2000

Electronic Access:

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Summary:

Cyprus’s economic performance in the past quarter century has been impressive but volatile, as the economy has come to rely on tourism as the main engine of growth. Financial market restrictions, including the interest rate ceiling, limit the ability of the Central Bank of Cyprus to manage liquidity. Capital and financial market liberalization are planned to be implemented by the time of EU accession. Executive Directors commended the authorities for their efforts to improve the oversight of the offshore financial sector.

Series:

Country Report No. 00/110

Subject:

Notes:

Included with the Staff Report are the text of Public Information Notice No. 67 and a statement by J. de Beaufort Wijnholds on August 3, 2000

English

Publication Date:

August 25, 2000

ISBN/ISSN:

9781451809800/1934-7685

Stock No:

1CYPEA0012000

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

41

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