EFF
Cyprus
IMF Completes Ninth Review of Cyprus’ Extended Fund Facility
The Executive Board of the IMF completed the ninth review of Cyprus’ economic adjustment program supported by the Extended Fund Facility (EFF) and approved 126.3 million euros disbursement, according to a press release. One more review remains for the three-year EFF...
Cyprus
IMF Approves €278.4 Million Disbursement to Cyprus
The International Monetary Fund (IMF) said that economic and fiscal outcomes in Cyprus have been better than expected, and approved the disbursement of 278.4 million euros of financial aid.
It also said that the high level of non-performing loans remains...