Cyprus : Staff Report for the 2006 Article IV Consultation.
This 2006 Article IV Consultation highlights that economic activity in Cyprus has recovered from a relatively weak performance in 2002-03. Declines in interest rates and strong capital inflows associated with Cyprus's accession to the European Union in May 2004 spurred growth in private consump...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2007.
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| Series: | IMF Staff Country Reports; Country Report ;
No. 2007/076 |
| Online Access: | Full text available on IMF |
| Summary: | This 2006 Article IV Consultation highlights that economic activity in Cyprus has recovered from a relatively weak performance in 2002-03. Declines in interest rates and strong capital inflows associated with Cyprus's accession to the European Union in May 2004 spurred growth in private consumption and investment while recovering tourist receipts reduced the external drag on the economy. The economy is experiencing rapid credit growth and brisk housing price increases. Total credit to the private sector accelerated recently, with mortgage lending leading the expansion. |
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| Item Description: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Physical Description: | 1 online resource (61 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1934-7685 |
| Access: | Electronic access restricted to authorized BRAC University faculty, staff and students |