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Kourion, Cyprus

IMF Approves €278.4 Million Disbursement

June 19, 2015

Press Release: IMF Completes Fifth, Sixth, and Seventh Reviews of Cyprus’ EFF and Approves €278.4 Million Disbursement Click for more

Cyprus and The IMF

IMF Survey : Cyprus Turns Economy Around, Successfully Exits IMF Program

March 15, 2016
The Cypriot authorities canceled their financial arrangement with the IMF, which was set to expire in mid-May, after having turned around the economy of the island country. click for more

Press Release: Statement by IMF Managing Director Christine Lagarde on Cyprus

March 7, 2016

Transcript: Press Briefing by Gerry Rice, Director, IMF Communications Department

February 11, 2016

Cyprus: Ninth Review Under the Extended Arrangement Under the Extended Fund Facility and Request for Waiver of Applicability of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Cyprus

January 29, 2016
Series: Country Report No. 16/26 click for more

Press Release: IMF Completes Ninth Review of Cyprus’ EFF and Approves €126.3 Million Disbursement

January 27, 2016

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News — Highlights


Economic Policies on the Road to Recovery, by Vincenzo Guzzo, IMF Resident Representative for Cyprus

May 21, 2015 click for more

The Prospects for the Cypriot Economy in 2015, by Vincenzo Guzzo, IMF Resident Representative for Cyprus

January 24, 2015 click for more

Talking Points at The Economist’s 10th Cyprus Summit in Nicosia. By Mark Lewis, IMF Mission Chief for Cyprus.

November 4, 2014 click for more

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

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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.

Latest on Europe

Regional Economic Issues: Central, Eastern and Southeastern Europe

May 2015 Click for more

The Regional Economic Issues (REI) report, published on May 11, 2015, assesses the macroeconomic outlook for Central, Eastern, and Southeastern Europe (CESEE), in light of the latest global economic and financial developments. Countries in the region are facing mixed economic fortunes, according to athe report. In addition to the legacies of the crisis, external forces are at play: the oil price, the strength of the euro area recovery, and geopolitical tensions.

Read the CESEE Regional Economic Issues report (PDF).

Read the Survey Magazine article, "Central, Eastern and Southeastern Europe: Mind the Credit Gap."