## Cyprus: 2026 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cyprus

_IMF Staff Country Reports, June 23, 2026_

## Source details

**Canonical URL:** [Cyprus: 2026 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Cyprus](https://www.imf.org/en/publications/cr/issues/2026/06/22/cyprus-2026-article-iv-consultation-press-release-staff-report-and-statement-by-the-577055)

## Other formats

- [Markdown version](/en/publications/cr/issues/2026/06/22/cyprus-2026-article-iv-consultation-press-release-staff-report-and-statement-by-the-577055/index.md)
- [Structured JSON version](/en/publications/cr/issues/2026/06/22/cyprus-2026-article-iv-consultation-press-release-staff-report-and-statement-by-the-577055/index.json)
- [Bundle manifest](/en/publications/cr/issues/2026/06/22/cyprus-2026-article-iv-consultation-press-release-staff-report-and-statement-by-the-577055/bundle-manifest.json)

## Bibliographic details
- Published: June 23, 2026
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229050845.002

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### Recent developments and outlook
- Growth remained strong in 2025, supported by robust domestic demand and services exports.
- Inflation fell in 2025, reflecting favorable supply-side developments.
- Following the war in the Middle East, inflation has rebounded on higher energy prices.
- Activity is expected to moderate (no numerical projection provided on the page).
- Labor market tightness limits further gains from employment.

### Key challenges and reform priorities
- Sustaining longer-term growth will depend on investment and productivity-enhancing reforms, including:
  - Improving judicial efficiency.
  - Strengthening skills and digital/AI readiness.
  - Advancing energy-sector reforms and infrastructure.

### Thematic coverage (as listed)
- Commercial banks
- Credit
- Financial institutions
- Labor
- Labor markets
- Money
- Public debt

### Keywords and regional tags (as listed)
- Africa
- arrangement of the euro area
- Asia and Pacific
- Commercial banks
- Credit
- Cypriot authorities
- Eff arrangement
- Eff credit
- Esm program
- Europe
- exchange rate arrangement
- Global
- Labor markets
- Middle East

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## Content in this bundle

- **1cypea2026001**
  - [1cypea2026001 (Markdown version)](/-/media/files/publications/cr/2026/english/1cypea2026001.pdf.md){rel="alternate" type="text/markdown"}
  - [1cypea2026001 (PDF)](/-/media/files/publications/cr/2026/english/1cypea2026001.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2026/06/22/cyprus-2026-article-iv-consultation-press-release-staff-report-and-statement-by-the-577055_