This web page presents information about the work of the IMF in Cyprus, including the activities of the IMF Resident Representative Office. Additional information can be found on the Cyprus and IMF country page, including IMF reports and Executive Board documents that deal with Cyprus.
At a Glance: Cyprus and the IMF
- Current IMF membership: 189 countries
- 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.
News and Highlights
May 26, 2016
November 3, 2015
“Cyprus: Banking Sector Lessons from Restructuring and Current Challenges”, Presentation at a Conference for the 10th Anniversary Celebrations of Bruegel, by Vincenzo Guzzo, IMF Resident Representative for Cyprus
October 26, 2015
October 9, 2015
October 8, 2015
Cyprus and the IMF
May 10, 2016
Series: Country Report No. 16/112
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.
March 7, 2016
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
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