IMF: Private Sector Indebtedness Remains Extremely High
22:48 - 02 Απριλίου 2018
The IMF, in its Staff Concluding Statement after the second post-program monitoring mission, has referred to the rapid pace of Cyprus’ economic expansion, noting that GDP is projected to grow by 4 – 4.25% during 2018 – 2019, but has also pointed out the need for improving payment discipline and reducing NPLs, as well as guarding against procyclical policies and restarting targeted structural reforms, the Cyprus News Agency reports.
