IMF Staff Country Reports

Cyprus: 2025 Article IV Consultation-Press Release; and Staff Report

June 2, 2025

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Format: Chicago

International Monetary Fund. European Dept. "Cyprus: 2025 Article IV Consultation-Press Release; and Staff Report", IMF Staff Country Reports 2025, 117 (2025), accessed July 17, 2025, https://doi.org/10.5089/9798229012843.002

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Summary

Robust growth last year was driven by strong tourism, ICT sector expansion, and domestic consumption. And inflation decelerated despite some volatility. Activity is expected to moderate this year as consumption growth eases and exports are hit by rising trade tensions. Looking ahead, capital accumulation will become increasingly important for sustaining long-term growth, particularly as the contribution from labor begins to diminish.

Subject: Financial institutions, Fiscal policy, Fiscal stance, Labor, Labor markets, Nonperforming loans, Public debt

Keywords: EFF arrangement, EFF credit, Europe, Fiscal stance, Fund's PPM, Global, Headline inflation, Labor markets, Nonperforming loans, PPM discussion, PPM-eligibility threshold

Publication Details

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