Article source
Reuters
Article date
Tue, Jul 30, 2013
The International Monetary Fund said Cyprus's economic adjustment program was on track, but that vigilance was needed because of deep uncertainties ahead.
"This review found the program to be on track, with authorities having made good progress towards meeting their objectives," IMF Mission chief Delia Velculescu said on Wednesday during a conference call closing a mission to Cyprus.
Lenders from the EU, the ECB and the IMF, known as the troika, wrapped up their first assessment visit to the Mediterranean island since it agreed to a 10 billion euro ($13 billion) bailout package in March.