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Cyprus
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Publication
Cyprus
2014
Overview
EXECUTIVE SUMMARYExtended Arrangement: On May 15, 2013, the Executive Board approved a three-yearExtended Arrangement under the Extended Fund Facility in the amount of SDR 891 million (563 percent of quota; about ?1 billion). Three purchases of amounts equivalent to SDR 74.25 million (about ?86 million) each have been made so far, and another purchase of the same amount is proposed to be released upon completion of the third review. The European Stability Mechanism has released ?4.6 billion of ?9 billion committed, with a disbursement of ?150 million expected in early April.Recent Economic Dev
Publisher
International Monetary Fund
Subject
ISBN
1484347595, 9781484347591
