IMF Upgrades Cyprus Economy growth projections

The International Monetary Funs (IMF) has upgraded its projections on the Cyprus economy.

At the World Economic Outlook published in October particular, the IMF has projected a growth rate of 4.0% and 4.2% for 2018 and 2019 respectively.

The IMF also estimates that the unemployment rate will drop to 9.5% in 2018 and 8% in 2019.

With over 40 successful years of service to the international business community, Eliades & Partners is today considered one of the most distinguished commercial law firms in Cyprus and provides a multi-disciplinary legal, tax and business consultancy service not only to the local market but more so to the broad international community.


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