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Projected % Change
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2009
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2010
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Real GDP
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-0.5
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0.8
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Consumer Prices
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0.4
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1.2
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Source: World Economic Outlook (October 2009)
Please refer to more recent PIN/Staff reports on this country for possible revisions.
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Cyprus: Financial Position in the Fund
Transactions with the Fund
Central Bank
Central Bank of Cyprus
Finance Ministry
Ministry of Finance
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Cyprus and the IMF
Updated November 4, 2009
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The last Article IV Executive Board Consultation was on August 05, 2009. Listed below are items related to Cyprus, in reverse chronological order (you can also view items by category).
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| November 03, 2009 -- Cyprus: Financial Sector Assessment Program - Financial System Stability Assessment
Series: Country Report No. 09/308
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| October 04, 2009 -- IMFC Statement by Wouter Bos, Dutch Ministry of Finance, the Netherlands
On behalf of: Republic of Armenia, Bulgaria, Bosnia and Herzegovina, Cyprus, Georgia, Republic of Croatia, Israel, Republic of Moldova, former Yugoslav Republic of Macedonia, Republic of Montenegro, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 295Kb
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| August 17, 2009 -- Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with Cyprus
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
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| August 17, 2009 -- Cyprus: 2009 Article IV Consultation - Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Cyprus
Series: Country Report No. 09/255
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| July 30, 2009 -- Euro Area Policies: 2009 Article IV Consultation - Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Member Countries
Series: Country Report No. 09/223
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| July 30, 2009 -- Euro Area Policies: Selected Issues
Series: Country Report No. 09/224
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| June 29, 2009 -- Cyprus—2009 Article IV Consultation, Concluding Statement of the Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
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| June 01, 2009 -- Cyprus: Financial Sector Assessment Program Update - Technical Note - Factual Update on Basel Core Principles for Effective Banking Supervision (Central Bank of Cyprus)
Series: Country Report No. 09/167
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| June 01, 2009 -- Cyprus: Financial Sector Assessment Program Update - Technical Note - Factual Update on Basel Core Principles for Effective Banking Supervision - ASDCS
Series: Country Report No. 09/168
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| June 01, 2009 -- Cyprus: Financial Sector Assessment Program Update - Technical Note - Factual Update of IOSCO Core Principles of Securities Regulation
Series: Country Report No. 09/169
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| June 01, 2009 -- Cyprus: Financial Sector Assessment Program Update - Technical Note - Insurance Regulation and Supervision
Series: Country Report No. 09/170
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| June 01, 2009 -- Cyprus: Financial Sector Assessment Program Update - Technical Note - Measuring Banking Stability in Cyprus
Series: Country Report No. 09/171
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| April 25, 2009 -- IMFC Statement by Nout Wellink, President, Dutch Central Bank, Netherlands
On behalf of: Republic of Armenia, Bulgaria, Bosnia and Herzegovina, Cyprus, Georgia, Republic of Croatia, Israel, Republic of Moldova, former Yugoslav Republic of Macedonia, Republic of Montenegro, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 307Kb
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| October 11, 2008 -- IMFC Statement by Wouter Bos
On behalf of: Republic of Armenia, Bulgaria, Bosnia and Herzegovina, Cyprus, Georgia, Republic of Croatia, Israel, Republic of Moldova, former Yugoslav Republic of Macedonia, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 321Kb
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| April 12, 2008 -- IMFC Statement by Wouter Bos, Minister of Finance, the Netherlands
On behalf of: Republic of Armenia, Bulgaria, Bosnia and Herzegovina, Cyprus, Georgia, Republic of Croatia, Israel, Republic of Moldova, former Yugoslav Republic of Macedonia, Republic of Montenegro, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 155Kb
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| April 01, 2008 -- Global Aging and Declining World Interest Rates: Macroeconomic Insurance Through Pension Reform in Cyprus
Author/Editor: Catalán, Mario | Guajardo, Jaime | Hoffmaister, Alexander W.
Series: Working Paper No. 08/98
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| October 22, 2007 -- Statement by the Hon. Michael Sarris, Governor of the World Bank Group for Cyprus, at the Joint Annual Discussion
PDF File Size: 16Kb
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| April 14, 2007 -- IMFC Statement by Mr. Nout Wellink, President of the Nederlandsche Bank
On behalf of: Republic of Armenia, Bulgaria, Bosnia and Herzegovina, Cyprus, Georgia, Republic of Croatia, Israel, Republic of Moldova, former Yugoslav Republic of Macedonia, Republic of Montenegro, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 747Kb
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| February 21, 2007 -- Public Information Notice: IMF Executive Board Concludes 2006 Article IV Consultation with Cyprus
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
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| February 21, 2007 -- Transcript of a Teleconference Call on Cyprus 2006 Article IV PIN, Staff Report, and Selected Issues paper
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| February 21, 2007 -- Cyprus: Selected Issues
Series: Country Report No. 07/71
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| February 21, 2007 -- Cyprus: 2006 Article IV Consultation - Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Cyprus
Series: Country Report No. 07/76
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| February 21, 2007 -- Cyprus: Report on the Observance of Standards and Codes - FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism
Series: Country Report No. 07/77
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| November 06, 2006 -- Cyprus - 2006 Article IV Consultation, Preliminary Conclusions
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
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| October 23, 2006 -- Cyprus: Detailed Assessments of Observance of Standards and Codes for Banking Supervision, Insurance Supervision, and Securities Regulation
Series: Country Report No. 06/376
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| October 10, 2006 -- Cyprus: Assessment of Financial Sector Supervision and Regulation, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision, Insurance Supervision, and Securities Regulation
Series: Country Report No. 06/347
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| September 19, 2006 -- Statement by the Hon. Michael Sarris, Governor of the World Bank Group for Cyprus, at the Joint Annual Discussion
PDF File Size: 327Kb
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| September 17, 2006 -- IMFC Statement by Gerrit Zalm, Minister of Finance of the Netherlands
On behalf of: Republic of Armenia, Bulgaria, Bosnia and Herzegovina, Cyprus, Georgia, Republic of Croatia, Israel, Republic of Moldova, former Yugoslav Republic of Macedonia, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 267Kb
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| April 22, 2006 -- IMFC Statement by Mr. Nout Wellink, President Nederlandsche Bank, Netherlands
On behalf of: Republic of Armenia, Bulgaria, Bosnia and Herzegovina, Cyprus, Georgia, Republic of Croatia, Israel, Republic of Moldova, former Yugoslav Republic of Macedonia, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 749Kb
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| October 25, 2005 -- Cyprus: Report on the Observance of Standards and Codes - Fiscal Transparency Module
Series: Country Report No. 05/382
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| September 24, 2005 -- Statement by Mr. Gerrit Zalm, Minister of Finance, Netherlands
On behalf of: Republic of Armenia, Bulgaria, Bosnia and Herzegovina, Cyprus, Georgia, Republic of Croatia, Israel, Republic of Moldova, former Yugoslav Republic of Macedonia, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 60Kb
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| September 24, 2005 -- Statement by the Hon. Michael Sarris, Governor of the World Bank for Cyprus, at the Joint Annual Discussion
PDF File Size: 397Kb
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| April 16, 2005 -- IMFC Statement by the Honorable Gerrit Zalm, Minister of Finance of The Netherlands
On behalf of: Republic of Armenia, Bulgaria, Bosnia and Herzegovina, Cyprus, Georgia, Republic of Croatia, Israel, Republic of Moldova, former Yugoslav Republic of Macedonia, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 892Kb
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| April 04, 2005 -- IMF Survey:
Mohsin Khan on the Middle East; Spring Meetings preview; Cyprus; Malaysia; Namibia; Ukraine; Global Financial Stability Report; Maputo seminar on aid and its trade-offs; Balance sheet approach. PDF File Size: 1647Kb
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| March 22, 2005 -- Public Information Notice: IMF Executive Board Concludes 2004 Article IV Consultation with Cyprus
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
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| March 22, 2005 -- Cyprus: Selected Issues and Statistical Appendix
Series: Country Report No. 05/106
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| March 22, 2005 -- Cyprus: 2004 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Cyprus
Series: Country Report No. 05/107
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| October 29, 2004 -- Cyprus -- 2004 Article IV Consultation, Preliminary Conclusions of the IMF Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
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| May 04, 2004 -- Transcript of an IMF Economic Forum: Adopting the Euro in the New Member states: the next step in European integration
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| April 24, 2004 -- IMFC Statement by Gerrit Zalm, Minister of Finance of the Netherlands
On behalf of: Republic of Armenia, Bosnia and Herzegovina, Cyprus, Georgia, Republic of Croatia, Israel, Republic of Moldova, former Yugoslav Republic of Macedonia, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 610Kb
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| September 23, 2003 -- Statement by the Hon. Markos Kyprianou, Governor of the World Bank for Cyprus, at the Joint Annual Discussion
PDF File Size: 142Kb
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| September 21, 2003 -- Statement by Gerrit Zalm, Minister of Finance of the Netherlands, International Monetary and Financial Committee (IMFC) Meeting, September 21, 2003
On behalf of the constituency comprising Armenia, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Georgia, Israel, Republic of Macedonia, Moldova, the Netherlands, Romania, and Ukraine.
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| April 12, 2003 -- IMFC Statement by Nout Wellink on behalf of Hans Hoogervorst, Minister of Finance of the Netherlands, April 12, 2003
The International Monetary and Financial Committee statement on behalf of the the constituency comprising Armenia, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Georgia, Israel, former Yugoslav Republic of Macedonia, Moldova, Netherlands, Romania, Ukraine
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| February 14, 2003 -- Public Information Notice: IMF Concludes 2002 Article IV Consultation with Cyprus
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
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| February 14, 2003 -- Cyprus: 2002 Article IV Consultation--Staff Report; Staff Statement;Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Cyprus
Series: Country Report No. 03/30
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| February 14, 2003 -- Cyprus: Selected Issues and Statistical Appendix
Series: Country Report No. 03/31
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| November 04, 2002 -- Cyprus -- 2002 IMF Article IV Consultation, Preliminary Conclusions of the Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
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| September 29, 2002 -- Statement by the Hon. Takis Klerides, Governor of the World Bank for Cyprus, at the Joint Annual Discussion of the Boards of Governors of the IMF and World Bank, September 29, 2002
PDF File Size: 133Kb
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| September 28, 2002 -- Statement by Hans Hoogervorst, Minister of Finance of the Netherlands, IMFC Meeting, Washington, D.C., September 28, 2002
The International Monetary and Financial Committee statement on behalf of Armenia, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Georgia, Israel, Former Yugoslav Republic of Macedonia, Moldova, the Netherlands, Romania, and Ukraine
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| April 20, 2002 -- Statement by Governor Nout Wellink, on behalf of Gerrit Zalm, Minister of Finance of the Netherlands, at the International Monetary and Financial Committee, Washington, D.C., April 20, 2002
The International Monetary and Financial Committee member for the constituency consisting of Republic of Armenia, Bosnia and Herzegovina, Bulgaria, Republic of Croatia, Cyprus, Georgia, Israel, former Yugoslav Republic of Macedonia, Republic of Moldova, Kingdom of the Netherlands-Netherlands, Romania, and Ukraine
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| November 17, 2001 -- Statement by Mr. Gerrit Zalm, Minister of Finance of the Netherlands, at the International Monetary and Financial Committee, Ottawa, Canada, November 17, 2001
The International Monetary and Financial Committee member for the constituency consisting of Republic of Armenia, Bosnia and Herzegovina, Bulgaria, Republic of Croatia, Cyprus, Georgia, Israel, former Yugoslav Republic of Macedonia, Republic of Moldova, Kingdom of the Netherlands-Netherlands, Romania, and Ukraine
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| September 03, 2001 -- IMF Survey:
Fischer on his IMF tenure; Annual Meetings change; assessing offshore financial centers; Cyprus assessment; augmentation of Argentine credit; conditionality & privatization; Calomiris on IMF reforms; Allen on IMF role; and Japan's reform agenda. PDF File Size: 485Kb
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| August 21, 2001 -- News Brief: Publication of First IMF Staff Assessment of an Offshore Financial Center
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| July 30, 2001 -- OFCA Cyprus -- Assessment of the Offshore Financial Sector
A detailed assessment by IMF staff of the extent to which OFCs meet the standards advocated by the international standard-setters, and of any further action required to meet these standards. PDF File Size: 1006Kb
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| July 30, 2001 -- OFCA Cyprus -- Assessment of Implementation of the Basel Core Principles for Effective Banking Supervision in Respect of the Offshore Sector
A detailed assessment by IMF staff of the extent to which OFCs meet the standards advocated by the international standard-setters, and of any further action required to meet these standards. PDF File Size: 949Kb
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| April 29, 2001 -- Statement by Mr. Nout Wellink, President of the Nederlandsche Bank, on behalf of Mr. Gerrit Zalm, Minister of Finance of the Netherlands, to the International Monetary and Financial Committee Meeting April 29, 2001
The International Monetary and Financial Committee member for the constituency consisting of Republic of Armenia, Bosnia and Herzegovina, Bulgaria, Republic of Croatia, Cyprus, Georgia, Israel, former Yugoslav Republic of Macedonia, Republic of Moldova, Kingdom of the Netherlands-Netherlands, Romania, and Ukraine
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| April 29, 2001 -- Statement Joint Session IMFC / Development Committee Meeting April 29, 2001 by Eveline Herfkens, Minister for Development Co-operation, The Netherlands
This Joint session once again shows our commitment to the fight against poverty.
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| September 29, 2000 -- Cyprus: Selected Issues and Statistical Appendix
Series: IMF Staff Country Report No. 00/123
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| September 28, 2000 -- Statement by the Hon. Takis Klerides, Governor of the World Bank for Cyprus, at the Joint Annual Discussion
PDF File Size: 101Kb
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| September 24, 2000 -- Intervention by Mr. Gerrit Zalm, Minister of Finance of the Netherlands International Monetary and Financial Committee Meeting
The International Monetary and Financial Committee statement on behalf of the constituency comprising Armenia, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Georgia, Israel, former Yugoslav Republic of Macedonia, Moldova, The Netherlands, Romania, and Ukraine.
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| August 24, 2000 -- Public Information Notice: IMF Concludes Article IV Consultation with Cyprus
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
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| August 24, 2000 -- Cyprus: Staff Report for the 2000 Article IV Consultation
Series: IMF Staff Country Report No. 00/110
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
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| April 16, 2000 -- International Monetary and Financial Committee Meeting Intervention by Mr. Nout Wellink, President of De Nederlandsche Bank
The International Monetary and Financial Committee member for the constituency consisting of Armenia, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Georgia, Israel, former Yugoslav Republic of Macedonia, Moldova, Netherlands, Romania, Ukraine.
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| September 30, 1999 -- Statement by the Hon. Takis Klerides, Governor of the World Bank for Cyprus, at the Joint Annual Discussion
PDF File Size: 8Kb
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| September 26, 1999 -- Intervention by Mr. Gerrit Zalm, Minister of Finance of the Netherlands - Interim Committee Meeting
The Interim Committee member for the constituency consisting of Republic of Armenia, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Georgia, Israel, former Yugoslav Republic of Macedonia, Republic of Moldova, The Netherlands, Romania and Ukraine.
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| October 07, 1998 -- Statement by the Hon. Christodoulos Christodoulou, Governor of the World Bank for Cyprus, at the Joint Annual Discussion
PDF File Size: 25Kb
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| October 05, 1998 -- Cyprus - Selected Issues
Series: IMF Staff Country Report No. 98/98
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| August 14, 1998 -- Public Information Notice: IMF Concludes Article IV Consultation with Cyprus
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
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| June 01, 1998 -- Selected Transition and Mediterranean Countries-An Institutional Primer on EMU and EU Relations
Author/Editor: Temprano-Arroyo, Heliodoro | Feldman, Robert Alan
Series: Working Paper No. 98/82
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| September 24, 1997 -- Statement by the Hon. Christodoulos Christodoulou, Governor of the World Bank for Cyprus, at the Joint Annual Discussion.
PDF File Size: 27Kb
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| March 15, 1996 -- Cyprus - Background Paper
Series: IMF Staff Country Report No. 96/16
Notes: This report on Cyprus was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. As such, the views expressed in this document are those of the staff team and do not necessarily reflect the views of the Government of Cyprus or the Executive Board of the IMF.
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| January 02, 1995 -- Cyprus - Recent Economic Developments
Series: IMF Staff Country Report No. 95/3
Notes: This report on recent economic developments in Cyprus was prepared by a staff team of the international Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.
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