The top management of the IMF accompanied by the top officials of the Ministry of Finance is currently in the Central Bank, in the context of IMF’s visit to Cyprus to evaluate the island’s economy.
The Ministry of Finance estimates that “this visit is fairly significant for Cyprus not only because IMF is a considerable factor within world economy, but also because it coincides with the accession talks between Cyprus and EU”.
The Ministry of Finance in its announcement pointed out that “according to recent reports of the European Commission, the numbers of the Cyprus economy are particularly satisfying”. Specifically, “Cyprus economy has a satisfying growth rate (2.3%), almost full employment, low inflation and budget deficit less than 3% of GNP”.
The IMF experts with Milessi-Feretti at the head are to meet officials of the Planning Office of the Ministry of Finance, other government and Central Bank officials.
The Ministry of Finance estimates that “this visit is fairly significant for Cyprus not only because IMF is a considerable factor within world economy, but also because it coincides with the accession talks between Cyprus and EU”.
The Ministry of Finance in its announcement pointed out that “according to recent reports of the European Commission, the numbers of the Cyprus economy are particularly satisfying”. Specifically, “Cyprus economy has a satisfying growth rate (2.3%), almost full employment, low inflation and budget deficit less than 3% of GNP”.
The IMF experts with Milessi-Feretti at the head are to meet officials of the Planning Office of the Ministry of Finance, other government and Central Bank officials.
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