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IMF Executive Board Concludes 2010 Article IV Consultation with Cyprus
On August 27, 2010, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Cyprus. 1 Following the economic downturn of 2009 when the global crisis began to affect Cyprus, the economy is projected to bottom out in 2010, giving way to a mild recovery in 2011 and stronger growth thereafter.
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