Cyprus to start process for early repayment of IMF loan, Finance Minister announces

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Finance Minister Harris Georgiades announced on Tuesday that an official process will be launched for the early and full repayment of an IMF loan, following the repayment of a loan from Russia. The Minister was addressing the House Committee on Finance, presenting the 2019 state budget. This will be the last state budget with Georgiades at the Finance Ministry’s helm, as the Minister already announced that he is resigning form the government before the end of 2019. According to Public Debt Management …

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