IMF hails strengthening economic recovery

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IMF hails strengthening economic recovery
 © CyprusMail 2017
The International Monetary Fund said Friday it welcomes Cyprus’ economic recovery and the prudent macroeconomic policies, as the island seeks consent for early repayment of part of the bailout loan it received from the IMF.

“We welcome the strengthening economic recovery and generally prudent macroeconomic policies, as reflected in favourable financial market conditions, that have enabled Cyprus to take this step,” Vincenzo Guzzo, IMF’s representative in Cyprus told the Cyprus News Agency.

Finance Minister Harris Georgiades said Thursday the cost of a significant part of the €280m IMF loan...


IMF hails strengthening economic recovery


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