LEADER 03857nam 2200589 450 001 9910464907803321 005 20200520144314.0 010 $a1-4843-2606-7 010 $a1-4843-2582-6 010 $a1-4843-2636-9 035 $a(CKB)3710000000086796 035 $a(EBL)1599881 035 $a(SSID)ssj0001155402 035 $a(PQKBManifestationID)11651524 035 $a(PQKBTitleCode)TC0001155402 035 $a(PQKBWorkID)11178629 035 $a(PQKB)10983430 035 $a(MiAaPQ)EBC1599881 035 $a(Au-PeEL)EBL1599881 035 $a(CaPaEBR)ebr10831128 035 $a(CaONFJC)MIL569648 035 $a(OCoLC)869094907 035 $a(EXLCZ)993710000000086796 100 $a20140205d2013 uy| 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aCyprus $esecond review under the extended arrangement under the extended fund facility and request for modification of performance criteria /$fInternational Monetary Fund 210 1$aWashington, District of Columbia :$cInternational Monetary Fund,$d2013. 215 $a1 online resource (135 p.) 225 1 $aIMF country report ;$vnumber 13/374 300 $aDescription based upon print version of record. 311 $a1-4755-5183-5 327 $aCover; CONTENTS; BACKGROUND; RECENT ECONOMIC DEVELOPMENTS; FIGURES; 1. High Frequency Indicators; 2. Labor Market; 3. External Indicators; 4. Financial Sector Developments; POLICY DISCUSSIONS; A. Macroeconomic outlook and risks; BOXES; 1. Private Sector Balance Sheet Adjustment and the Impact on Growth; 5. Private Sector Indebtedness; B. Debt Sustainability; C. Financial Sector Policy; 2. Bank of Cyprus Restructuring Plan; 3. Private Sector Debt Restructuring: Lessons from Ireland and Iceland; D. Fiscal policy; 4. The 2014 budget and the 2013-2014 Fiscal Impulse; E. Structural fiscal reforms 327 $aPROGRAM MODALITIES AND FINANCINGSTAFF APPRAISAL; TABLES; 1. Selected Economic Indicators, 2008-20; 2. Fiscal Developments and Projections, 2008-20; 3. Calculation of Gross Financing Requirements and Sources of Financing, 2013-17; 4. Balance of Payments, 2008-20; 5. External Financing Requirements and Sources, 2012-20; 6. Monetary Survey, 2008-20; 7. Indicators of Fund Credit, 2012-20; 8. Schedule of Reviews and Purchases; 9. Restrictive Measures on Transactions; 10. Selected Reforms-Measures Completed; 11. MEFP Commitments for the Financial Sector; 12. MEFP Commitments for the Fiscal Sector 327 $aANNEXES1. Public Sector Debt Sustainability Analysis; 2. External Sector Debt Sustainability Analysis; APPENDICES; 1. Letter of Intent; A1. Memorandum of Economic and Financial Policies; A2. Technical Memorandum of Understanding; 2. Memorandum of Understanding on Specific Economic Policy Conditionality (European Commission) 330 $aEXECUTIVE SUMMARYExtended Arrangement: On May 15, 2013, the Executive Board approved a three-yearExtended Arrangement under the Extended Fund Facility in the amount of SDR 891million (563 percent of quota; about ?1 billion). Two purchases of amounts equivalent toSDR 74.25 million (about ?86 million) each have been made so far, and anotherpurchase of the same amount is proposed to be released upon completion of thesecond review. The European Stability Mechanism has released ?4.5 billion since theprogram approval (of ?9 billion committed).Recent Economic Developments: The recession through Septe 410 0$aIMF country report ;$vno. 13/374. 606 $aEconomics$zCyprus 606 $aFinance, Public$zCyprus 608 $aElectronic books. 615 0$aEconomics 615 0$aFinance, Public 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910464907803321 996 $aCyprus$9684414 997 $aUNINA