Cyprus : 2011 Article IV Consultation: Staff Report; Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Cyprus.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2011/331

IMF Staff Country Reports

Language:

English

Subjects (All):

International Monetary Fund--Cyprus.

International Monetary Fund.

Debts, Public--Cyprus.

Debts, Public.

Cyprus--Economic conditions.

Cyprus.

Cyprus--Economic policy.

Physical Description:

1 online resource (56 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2011.

Language Note:

English

Summary:

The 2011 Article IV Consultation report discusses the Cypriot economy, which faces strong headwinds and downside risks owing to financial turbulence in the euro area and the large exposure of Cypriot banks to Greece. Executive Directors noted that Cyprus faces daunting economic challenges in the face of faltering external demand and worsening domestic financial conditions. Directors urged the authorities to act forcefully to restore sound public finances and safeguard the stability of the banking system.

Contents:

Cover; CONTENTS; BACKGROUND; A. Pre-Crisis; BOXES; 1. Savings and Investment; B. Impact of Crisis; CURRENT VULNERABILITIES AND OUTLOOK; 2. The Housing Market; 3. Competitiveness and Structural Issues; A. Fiscal Policies and Financing; 4. Structure of Cypriot Banking System; POLICY DISCUSSIONS; A. Fiscal Policies and Financing; B. Financial Sector; C. Structural Reforms; STAFF APPRAISAL; FIGURES; 1. Short-Term Indicators; 2. Economic Indicators, 2004-2012; 3. Financial Indicators; 4. Fiscal Sector; 5. Public Debt Sustainability: Bound Tests; 6. External Sector; 7. External Debt Sustainability

8. Labor MarketTABLES; 1. Selected Economic Indicators, 2005-2016; 2. Fiscal Developments and Projections, 2005-2016; 3. Public Sector Debt Sustainability Framework, 2006-2016; 4. Balance of Payments, 2005-2016; 5. External Debt Sustainablity Framework, 2006-2016; 6. Core Financial Soundness Indicators for Deposit Takers 2007-2011; CONTENTS; FUND RELATIONS; STATISTICAL INFORMATION

Notes:

Description based upon print version of record.

Description based on online resource; title from PDF title page (ebrary, viewed September 22, 2014).

ISBN:

9786613867001

9781463993429

1463993420

9781463965877

1463965877

9781283554558

1283554550

9781463978341

1463978340