IMF - International Monetary Fund
IMF - International Monetary Fund
06/23/2026 | Press release | Distributed by Public on 06/23/2026 15:13
June 23, 2026IMF Executive Board Concludes 2026 Article IV Consultation with Cyprus
IMF Executive Board Concludes 2026 Article IV Consultation with Cyprus
June 23, 2026
- Despite higher energy prices and lower tourism arrivals, Cyprus's economy remains resilient, with strong growth and fundamentals.
- Strong fiscal performance and falling public debt create room for a gradual and growth-friendly fiscal easing-focused on high-quality investment and efficiency gains. Financial sector soundness should be preserved and credit deepening supported.
- Sustaining strong growth requires reforms to boost productivity and investment, including through a more efficient judiciary, a better-skilled workforce, wider use of digital technologies, and progress on energy sector reforms.
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