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Cyprus: Staff Report for the 2000 Article IV Consultation

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  • International Monetary Fund

Abstract

Cyprus’s economic performance in the past quarter century has been impressive but volatile, as the economy has come to rely on tourism as the main engine of growth. Financial market restrictions, including the interest rate ceiling, limit the ability of the Central Bank of Cyprus to manage liquidity. Capital and financial market liberalization are planned to be implemented by the time of EU accession. Executive Directors commended the authorities for their efforts to improve the oversight of the offshore financial sector.

Suggested Citation

  • International Monetary Fund, 2000. "Cyprus: Staff Report for the 2000 Article IV Consultation," IMF Staff Country Reports 2000/110, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2000/110
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=3655
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    Cited by:

    1. George Kyriacou & Maria Papageorghiou, 2010. "Assessing the Equilibrium Exchange Rate of the Cyprus Pound at the time of Euro Adoption," Working Papers 2010-6, Central Bank of Cyprus.
    2. Constantinos Stephanou & Dimitri Vittas, 2007. "Public Debt Management and Debt Market Development in Cyprus: Evolution, Current Challenges and Policy Options," Cyprus Economic Policy Review, University of Cyprus, Economics Research Centre, vol. 1(1), pages 49-80, June.

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