1.

Record Nr.

UNINA9910453073003321

Titolo

Cyprus : first review under the extended arrangement under the Extended Fund Facility and request for modification of performance criteria

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2013

ISBN

1-4843-9926-9

1-4843-4478-2

1-4843-9473-9

Descrizione fisica

1 online resource (122 p.)

Collana

IMF country report ; ; number 13/293

Disciplina

332.1/52

Soggetti

Economic development - Cyprus

Electronic books.

Cyprus Economic conditions

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"September 2013."

Nota di contenuto

Cover; CONTENTS; BACKGROUND; RECENT ECONOMIC DEVELOPMENTS; STRATEGY; POLICY DISCUSSIONS; A. Macroeconomic Outlook and Risks; BOXES; 1. A Sectoral Model of Growth; B. Debt Sustainability; C. Financial Sector Policy; 2. Assessment of Capital Needs for BoC; 3. Roadmap for the Relaxation of Administrative Measures and Capital Controls; 4. Private Sector Indebtedness; 5 Recent AML Audit Findings; D. Fiscal Policy; E. Structural Fiscal Reforms; PROGRAM MODALITIES, FINANCING AND RISKS; STAFF APPRAISAL; FIGURES; 1. Recent Developments; 2. Labor Market; 3. External Indicators

4. Recent Fiscal Developments 5. Financial Sector Developments; 6. Public Debt Sustainability: Bound Tests; 7. External Debt Sustainability: Bound Tests; TABLES; 1. Selected Economic Indicators and Macroeconomic Framework, 2008-20; 2. Fiscal Developments and Projections, 2008-20; 3. Calculation of Gross Financing Requirements and Sources of Financing; 4. Balance of Payments, 2008-20; 5. External Financing Requirements and Sources, 2012-20; 6. Monetary Survey, 2008-13; 7. Indicators of Fund Credit, 2012-20; 8. Schedule of Review and Purchases



9. Public Sector Debt Sustainability Framework, 2007-2010. External Debt Sustainability Framework, 2008-20; ANNEX; 1. Sensitivity of Program Financing and Debt to Growth; APPENDIX; 1. Letter of Intent; Attachment 1. Memorandum of Economic and Financial Policies; Attachment 2. Technical Memorandum of Understanding; Attachment 3. Memorandum of Understanding on Specific Economic Policy Conditionality (European Commission); FIRST REVIEW UNDER THE EXTENDED ARRANGEMENT UNDER THE EXTENDED FUND FACILITY AND REQUEST FOR MODIFICATION OF PERFORMANCE CRITERIA- SUPPLEMENTARY INFORMATION

Figure 1. Composition of Growth IMF Completes First Review Under Extended Fund Facility Arrangement for Cyprus and Approves €84.7 Million Disbursement; Statement by Mr. Menno Snel, Executive Director for Cyprus, and Mr. Ektoras Kanaris, Advisor to the Executive Director September 16, 2013; Programme implementation on track; Economic developments; Going forward; Conclusion

Sommario/riassunto

Cyprus: First Review Under The Extended Arrangement Under The Extended Fund Facility and Request for Modification of Performance Criteria-Supplementary Information