IMF: Cypriot Economy to Grow by 2% until 2021

The Cypriot economy will grow at a moderate rate that will not exceed 2% up to 2021, according to IMF’s World Economic Outlook (WEO) for April 2016.
For the medium term, the IMF predicts that the Cyprus GDP will grow by 1.6% in 2016 and by 2.0% in 2017, with the growth rate for 2016 to be slightly improved compared to the WEO on October 2015, which was 1.4%, as reported by the Cyprus News Agency.