Brussels, 24/09/2015 (Agence Europe) - On 23 September, the IMF board approved the payment of a tranche of around €126 million to Cyprus, following the eighth monitoring mission of the Cypriot adjustment programme. The ninth mission will be held before the end of 2015.
Mitsuhiro Furusawa, deputy director general of the IMF, said that the Cypriot programme remained a success. “Economic activity in the first half of the year was better than anticipated, and fiscal outruns are running...