Cyprus: Staff Report for the 2000 Article IV Consultation
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. 2000/110
Subject:
Balance of payments Capital account liberalization Financial markets Government debt management Inflation Prices Public debt Public financial management (PFM) Stock markets
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
Pages:
41
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